Because the counters closed for the day on Monday, the 30-share benchmark Sensex had plunged 1,747.08 factors to 56,405.84 factors, a decline of three per cent.
Buyers’ wealth plummeted by greater than Rs 8.47 lakh crore on Monday because the inventory market continued to be ravaged by weak world sentiments triggered by mounting tensions between Russia and Ukraine.
The home market remained within the pink for the second straight session after witnessing an enormous sell-off on Friday.
Because the counters closed for the day on Monday, the 30-share benchmark Sensex had plunged 1,747.08 factors to 56,405.84 factors, a decline of three per cent.
Reflecting the rout, the market capitalisation of BSE-listed corporations or the notional buyers’ wealth eroded massively by Rs 8,47,160.93 crore to Rs 2,55,42,725.42 crore.
On Friday too, buyers’ wealth had taken a beating when it tumbled over Rs 3.91 lakh crore.
In simply two classes, the entire buyers’ wealth has eroded by greater than Rs 12 lakh crore.
The BSE Sensex on Monday plunged 1,747 factors whereas the broader NSE Nifty plummeted 531.95 factors or 3.06 per cent to 16,842.80 — closing beneath the important thing 17,000-level for the primary time this yr.
The rupee too slumped 24 paise to shut at 75.60 towards the US greenback.
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