Sensex crashed over 1,800 points on the second consecutive day amid the FII exodus. India’s benchmark indices plunged sharply this week, with the BSE Sensex tanking over 1,800 points in just two trading sessions. The market carnage has wiped out a staggering Rs 13 lakh crore in investor wealth. The bloodbath at Dalal Street is largely attributed to the relentless selling by foreign institutional investors (FIIs), who have pulled out a whopping Rs 1.2 lakh crore from Indian equities since October 2024. This FII exodus is driven by factors like the surging US dollar index and rising bond yields, which are attracting capital away from emerging markets.
Per analysts, the retail inflation soaring to a 14-month high of 6.21% in October has further compounded the market’s woes, dashing all hopes. Weak corporate earnings have also weighed heavily on investor sentiment. The sell-off has been particularly brutal for mid- and small-cap stocks, while the financials and auto sectors have also shown significant weakness.
Analysts recommend traders exercise cautious optimism. Trade pundits suggest treading carefully as the markets remain jittery amid global headwinds and domestic challenges.
#Market sell-off intensifies
Stocks declined for the 5th straight session with #Nifty hitting its lowest in 5 months. ₹8 lakh crore market capitalisation wiped out in today’s trading session. @_prashantnair with the market wrap.#StockMarket #Sensex #BankNifty pic.twitter.com/JtajyLfc1T
— CNBC-TV18 (@CNBCTV18News) November 13, 2024
Meanwhile reactions poured in with hilarious memes.
#stockmarketcrash pic.twitter.com/mWTJuxVEk7
— Pragya Tiwari (@iam_pragyaT) November 12, 2024
FII’s and Retailers scene 🤣🤣🤣#stockmarketcrash #StockMarketIndia pic.twitter.com/dVPAVdbxSt
— dr__strange__ (@dr__strange__) November 13, 2024
#stockmarketcrash
Whenever I buy pic.twitter.com/42SVFkJ95D
— T.Ramesh (@hereiam_hi) November 13, 2024
All sectors bleeding 🩸#stockmarketcrash pic.twitter.com/cBZfFjJuMn
— R Singh (@Rsb96533) November 13, 2024
Investors:#stockmarketcrash pic.twitter.com/67MhyGzYhf
— Rishabh (@Pun_Intended___) November 13, 2024
Buy the dip is becoming very deep!#stockmarketcrash pic.twitter.com/HHIJojiBKO
— Ishan Tanna (@IshanTanna1) November 13, 2024
#Stockmarketcrash pic.twitter.com/GLDbNhZtSY
— Stock Market Technical Analysis & Research (@QuantResearchTA) November 13, 2024
#stockmarketcrash
Three special reasons for today bloodbath 🥲 pic.twitter.com/5D4l3kdhaQ
— Parduman Rana (@Xinvestor22) November 13, 2024
Retail investors right now… #stockmarketcrash pic.twitter.com/N6Cgm4gVg0
— Manda Bendre 🇮🇳 (@mabend2) November 13, 2024
New retail investors entering stock market #stockmarketcrash
pic.twitter.com/LzBt6TtyMP
— Neetu Khandelwal (@T_Investor_) November 13, 2024
#stockmarketcrash pic.twitter.com/UCguDfvL40
— Suman Chatterjee (@ChatterjeeSu) November 13, 2024
Operator be like: बाप का माल समझा है।😂😂#stockmarketcrash pic.twitter.com/6j37WAjAXh
— Piyush Patel (@PiyushCA910) November 13, 2024
Situation nowadays 😂#stockmarketcrash pic.twitter.com/CMWu6W4ZQk
— Finance Memes (@Qid_Memez) November 13, 2024
Reality Of Stock Market 🥺#StockMarket #stockmarketcrash #stockmarketmemes #niftycrash #reliance #HDFCBank #stockinvesting #midcap #smallcap pic.twitter.com/rzP3Bg5Cq1
— Anuj Prajapati (@anujprajapati11) November 12, 2024
Portfolio Loss mein jaane k baad retailers : #stockmarketcrash #niftycrash pic.twitter.com/feUr8dygrm
— Shefali Sharma (@I_ShefaliSharma) November 13, 2024
#stockmarketcrash
शेयर बाजार के मंदड़ियों से निपटने की कोशिश करते निवेशक। #niftycrash pic.twitter.com/LjWWtsHPwd
— Anurag Shukla /Secular sukul (@anuragbarabanki) November 13, 2024
खत्म टाटा बाय बाय 💔💔🤔
कितना डूबेगा बाबा .. पूरा ही डूब जायेगा क्या..?
अब तो बस कर 🙏#stockmarketcrash #niftycrash pic.twitter.com/KWU4Zxd25d
— 𝓒𝓱𝓪𝓻𝓶𝓲𝓷𝓰_𝓶𝓪𝓱𝓲 💫 (@queen_mahiii) November 13, 2024
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