Impact of Hindenburg’s report on Adani group, investors lost 20 lakh crores in a month

Investors Wealth Loss: The stock market closed with a fall in Thursday’s session. And this is the fifth consecutive trading session when Indian markets have seen a decline. In the fall of the last five days, the investors of the Indian stock market have lost Rs 7.50 lakh crore. And ever since the Hindenburg Research report against the Adani group has come, since then the investors of the Indian market have lost Rs 20 lakh crore.

In the last five trading sessions, BSE Sensex first broke the level of 61000 and then 60000. Sensex has fallen by 1700 points in these five sessions. On the other hand, talking about Nifty, this index has broken 433 points in 5 sessions. The continuing fall in the shares of Adani Group has broken the morale of the investors. This has had such an effect that both domestic and foreign investors are staying away from the market for the time being, due to which the market sentiment has deteriorated.

Due to the fall in the Indian markets in the last five trading sessions, there has been a huge dent in the hard earned money of the investors. At the close of the market on February 16, 2023, the market cap of the listed shares on BSE was Rs 268.23 lakh crore, which has come down to Rs 260.88 lakh crore on February 23. That is, in only 5 sessions, investors have lost a total of Rs 7.35 lakh crore. On the other hand, on January 24, 2023, the day of the release of the Hindenburg Research report, the market capitalization of the companies listed on BSE was Rs 280.37 lakh crore. That is, investors have suffered a loss of Rs 20 lakh crore in a month.

The effect of the upheaval in the market since last one month is that retail investors are now in shock. In the month of January, the share of individual investors in the domestic market has come down to the lowest level of 34 months. The number of active traders has also decreased on NSE. According to data from the National Stock Exchange, retail investors transacted Rs 22,829 crore every day in the cash market last month, which is the lowest since March 2020. 58,409 crore in February 2021. The number of active trading accounts came down to 34 million in January. In June last year, this figure was 3.8 crore.

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