The day also saw the market capitalization drop down to Rs. 14,520 billion, or 1,452,000 crore, from Rs. 14,562 billion, or 1,456,200 crore, of the previous day and wiped out Rs. 42 billion from the market.
Perturbed by this development, market analysts said the decrease was due to diversified investor sentiment coupled with economic instability and profit-taking in special indices. Even though it fell, it was still at healthy levels, meaning that investors may be interested in specific low-priced stocks.
Businesspeople are waiting for major changes in the economic situation to determine the market trends in the following days.
