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Donald Trump Hits Dalal Street Hard, Investors Lose 6 Lakh Cr in 15 Minutes

Reacting to the pre-poll survey indicating Donald Trump, Republican Candidate, to be the winner of the US Election, the BSE Sensex fell the BSE Sensex fell sharply on Wednesday, making the domestic stock investors poorer by approximately Rs. 6 lakh crore within 15 minutes of the trade, as per the data.

The combined market capitalization of BSE stocks dipped to Rs 1.05 lakh crore from Rs 1.11 lakh crore in the first 15 minutes. Around 1,875 of 2,000 stocks trading on the BSE platform nosedived whole only 85 rose. The BSE-Sensex tanked by 1,600 points to register its biggest fall since August 25, 2016. However, the index recovered a bit within an hour.

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Personal Loan Interest Rates July 2020
Fullerton India14.00% - 33.00%
HDFC Bank10.75% - 21.45%
ICICI Bank10.75% - 18.49%
IndusInd Bank11.25%
Kotak Bank10.99% - 20.99%
RBL17.50% - 24.00%
Standard Chartered Bank12.00% - 17.00%
Tata Capital10.99% - 18.00%
Home Loan Interest Rates July 2020
Axis Bank7.75% - 8.55%
Bank of Baroda6.85% - 7.85%
Citibank8.20%
HDFC6.95% - 8.00%
ICICI Bank7.45% - 8.55%
Indiabulls Housing Finance Limited8.80% - 11.05%
Kotak Bank7.40% - 9.70%
LIC Housing7.40% - 8.85%
Piramal Capital & Housing Finance9.00% - 9.10%
PNB Housing Finance8.60% - 9.45%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI6.95% - 7.60%
Tata Capital9.20% - 9.35%