The market cap of shares of companies listed on BSE has wiped out Rs 10 lakh crore. On the other hand, the fall on Thursday is the biggest intra-day fall in the market in 2 months. This is the biggest intra-day fall in Nifty after August 5. Earlier on August 5, the market had fallen by 2.68%. At that time, Nifty had fallen by 662 points.

5 reasons for the fall in the market
1- Increasing tension between Iran and Israel
2- SEBI takes steps on F&O
3- FIIs' investment moves from India to China 4- Crude price near $75 5- Anxiety about US election


 

But there is also good news for India... India remains among the world's fastest growing major economies and has overtaken China to become the largest emerging market. This year, India has succeeded in overtaking China in the MSCI index on the basis of weightage. Investors are liking the situation in India more than in China, because here they are seeing a greater increase in earnings. Quoting experts, CNBC has said in a report that earnings can show an annual growth of up to 6-8% in the next 5 years.