A lot can change in a few months. Until September last year, the Indian stock market was setting new records every day. But since then, all major indices have been in a constant decline.
The Nifty 50 index has crashed about 16% or over 4,000 points from its highest peak scaled in September last year. The BSE Sensex has shed nearly 15% or about 13,000 points since then. The midcap index has fallen more than 22%, while the small-cap index has fallen more than 25% from their December peak last year. In about 5 months, investors have lost a whopping Rs 94 lakh crore.
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