Investors’ wealth erodes by ₹9.65 lakh cr in four days of market sell-off
4 days, 17 hours ago

Investors’ wealth erodes by ₹9.65 lakh cr in four days of market sell-off

Live Mint  

New Delhi, Investors' wealth eroded by ₹9.65 lakh crore in four days of sharp decline in the equity market where the BSE benchmark Sensex tanked 2,915 points. In the past four days, the BSE benchmark slumped 2,915.07 points or 3.54 per cent. Falling for the fourth day running on Thursday, the 30-share BSE benchmark Sensex tanked 964.15 points or 1.20 per cent to settle at 79,218.05. "Markets were plundered tracking negative global cues as benchmark indices slipped below their psychological levels on broad-based selling after the US Fed's hawkish stance raised concerns over further rate cuts next year.

History of this topic

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