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    Sonal Shridhar Shinde in News

    25-Feb-2023 05:01 AM


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    Rs 8.30 Lakh Crore Of Investors' Money Erodes In 6 Days

    On Friday, the BSE benchmark fell 141.87 points or 0.24 percent.
    On Friday, the BSE benchmark fell 141.87 points or 0.24 percent to settle at 59,463.93 points.
    "The downward spiral continued amid a sharp bout of intra-day volatility as uncertainty surrounding the weak global economic scenario coupled with the probability of the US Fed maintaining a hawkish stance going ahead weighed on the sentiment," Amol Athawale, Deputy Vice President - of Technical Research at Kotak Securities Ltd, said.
    Foreign Institutional Investors (FIIs) offloaded shares worth Rs 1,417.24 crore on Thursday, according to exchange data.
    On Friday, in the broader market, the BSE midcap gauge dipped 0.17 per cent and smallcap index declined 0.15 per cent.
    Among the gainers were Asian Paints, Bajaj Finserv, Power Grid, Reliance Industries, NTPC and UltraTech Cement.