Effect of War: Indian Investors Lost 197 Billion Dollar

Indian Investors Lost 197 Billion Dollar: A report has claimed that since the announcement of Russian President Vladimir Putin, investors have lost more than the entire GDP of Ukraine. It said that since February 15, 197 billion dollars of Indian investors have been sunk.

Losses to stock market investors.
The fierce war between Russia and Ukraine has been going on for nine days. Attacks have been intensified from the Russian side and as of now, the city of Kherson and the nuclear plant have been captured. Along with this, there has also been a large number of casualties. This conflict has had a major impact on Indian investors as well. A report has claimed that the loss to investors since the announcement of the attack by Russian President Vladimir Putin is more than the entire GDP of Ukraine.

5 lakh crores lost on Friday
Let us inform that on the ninth day of the Russia-Ukraine war, after the occupation of Europe’s largest nuclear plant by the Russian army, there was turmoil in the Indian stock market on Friday and it finally closed with a fall. The BSE Sensex closed with a loss of 768 points, while the NSE Nifty index also closed with a fall of 255 points. Investors have suffered a loss of $ 66 billion (about five lakh crore rupees) only due to the fall on Friday. If we look at the figures, the market capitalization of BSE was Rs 251 lakh crore in the previous session i.e. on Thursday, in comparison it came down to about Rs 246 lakh crore on Friday.

Sensex breaks 4000 points in nine days
The report said that on February 15, when Russia stepped up its war against Ukraine, the geopolitical tensions that arose after Russia caused a lot of turmoil in the Indian stock market and since that day till now Indian investors. has lost about 15 lakh crore rupees ($197 billion). During this period, the BSE Sensex index has broken up to 4000 points. This huge loss to investors on Dalal Street is, in fact, more than Ukraine’s 2021 Gross Domestic Product (GDP). Ukraine’s GDP in 2021 was estimated by the IMF at $181.03 billion.

Crude oil prices on fire
The ongoing war between Russia and Ukraine is affecting not only the stock market, but also in other sectors including urea, edible oil and gas. Crude oil prices are on fire and they have taken a long jump and have reached close to $ 120 per barrel. Due to all this, the Japanese Research Agency has also said in its recently released report that India is going to suffer the most in Asia in the Russia-Ukraine war. SBI’s research report has also estimated that due to this war there will be a huge loss of revenue and the risk of inflation in the country will also increase.

Reviewer overview

India, Investors - /10

Summary

Indian Investors Lost 197 Billion Dollar: A report has claimed that since the announcement of Russian President Vladimir Putin, investors have lost more than the entire GDP of Ukraine.

0 Bad!