Stock Market Crash: The Indian stock market continued to decline for the fourth consecutive day. This decline has intensified after the US announced a rate cut. The Indian stock market witnessed a massive decline on Thursday (19 December). At the end of trading, the 30-share Bombay Stock Exchange Sensex closed at 79,218.05 with a decline of 964.15 points, i.e. 1.20 percent, while the National Stock Exchange Nifty closed at 23,951.70 with a decline of 247.15 points, i.e. 1.02 percent.

The biggest reason for Thursday's decline was the new announcement of the US Federal Reserve on interest rates. The Fed cut the rate by 0.25 percent for the third consecutive time, but with this, it indicated only two more cuts in 2025, while the market was expecting 3 or 4 cuts. This disappointment led to a massive sell-off in the US markets. Apart from this, investors' sentiment also weakened due to selling by foreign investors and the value of the rupee crossing 85 against the dollar.

Investors lost Rs 2.62 lakh crore in a day;
the total market cap of companies listed on BSE came down to Rs 449.98 crore today on 19th December which was Rs 452.60 crore on the last trading day i.e. 18th December. This resulted in a decrease of around 2.62 lakh crore in the total market cap of the companies. Thus, investors' wealth has declined by Rs 2.62 lakh crore in a day. Investors have suffered a loss of Rs 10.5 lakh crore in the last four days.

On December 18, the Sensex slipped 502 points.
On the last trading day, i.e. on December 18, the Sensex closed at 80,182.20 with a fall of 502.25 points or 0.62 percent. Similarly, the Nifty closed at 24,198.85 with a fall of 137.15 points or 0.56 percent.