New Delhi: The Bombay Stock Exchange traded for more than six hours today. During this time, investors lost Rs 1,750 crore every minute. Today, they have lost Rs 5.83 lakh crore in one day. Investors have had to face such losses as the Sensex in the Bombay Stock Exchange fell by 1,938 points. Today, the Sensex traded down 9.06 points and the National Stock Exchange down 6 points to close at 18,529 points. Investors are withdrawing funds from equity as interest in the bond market has returned. The stock market is dominated by equity shares. Sensex has declined as most investors have sold their equity shares. The United States has a big hand behind this. The US Federal Reserve has taken steps to increase bond yields (returns). So investors want to withdraw funds from all other markets and invest in U.S. bonds. Although that is good for the United States, countries like India that rely on foreign funds will be severely affected. The situation is likely to escalate.
