Sensex, Nifty Close Green After Two-Day Dip, But Investors Lose ₹34,000 Crore

Business
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Moneycontrol•16-01-2026, 16:24
Sensex, Nifty Close Green After Two-Day Dip, But Investors Lose ₹34,000 Crore
- •Indian benchmark indices, Sensex and Nifty, ended in the green today after two days of decline, showing volatility.
- •Despite the market closing positively, investors' wealth decreased by approximately ₹34,000 crore in market capitalization on BSE.
- •Positive global cues and easing US-Iran tensions contributed to a buying mood, while Pharma and Consumer Durables sectors saw declines.
- •IT and PSU Bank sectors performed strongly, with Nifty IT gaining 1% and Nifty PSU Bank rising over 3%.
- •11 Sensex shares closed in the green, with Infosys, Tech Mahindra, and HCLTech leading gains; 84 shares hit a one-year high.
Why It Matters: Despite Sensex and Nifty closing higher, investors collectively lost ₹34,000 crore due to market volatility.
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