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Rs 1.86 Lakh Crore Vanished Due To Andhrites

By:  Tupaki Desk   |   17 March 2018 4:56 AM GMT
Rs 1.86 Lakh Crore Vanished Due To Andhrites
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The anguish of Andhrites resulted in the loss of Investors Wealth by Rs 1.86 crore in a single day. Though external factors like Global Trade issues had a light impact, Most of the damage was caused due to the No Confidence Motion moved by AP's Ruling & Opposition Parties. Even the exit of TDP from NDA led to the negative sentiment in the Indian Stock Market.

Market Capitalisation of BSE-listed Companies plummeted Rs 1,86,415.38 crore after losing 509.54 points (1.51 percent) to close at 33.176.

Shares of Tata Motors and Asian Paints fell by 3.67 percent and 3.06 percent respectively.

On BSE, 108 Stocks hit one year lows and 36 stocks hit 52-week highs. Altogether, About 1,835 stocks plummeted, 859 stocks gained and 154 stocks remained unchanged.

By now, Modi Government might have realized what could happen if the sentiments of the people are disrespected. Will Centre keep its promise at least now?