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 August 2022
Fullerton India12.00% - 24.00%
HDFC Bank10.99% - 15.00%
ICICI Bank10.50% - 18.00%
IndusInd Bank10.49% - 31.50%
Kotak Bank10.75%
RBL17.50% - 26.00%
Standard Chartered Bank10.75% - 13.00%
Tata Capital10.75% - 18.00%
Home Loan Interest Rates August 2022
Axis Bank7.60% - 8.05%
Bank of Baroda7.45% - 8.80%
Citibank6.65% - 7.40%
HDFC8.10% - 9.10%
ICICI Bank7.10% - 8.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank7.50% - 8.10%
LIC Housing7.55% - 8.75%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance7.99% - 10.70%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI7.05% - 8.05%
Tata Capital7.75%