Pages

Friday, September 21, 2018

Rs 5.66 lakh crore investor wealth wiped out in 4 days of market crash By Nishant Kumar, ETMarkets.com|Updated: Sep 21, 2018, 05.20 PM IST

Sensex-Reuters
M-cap of BSE-listed firms fell to Rs 1,50 lakh crore from Rs 1,56 lakh crore on September 14. 


NEW DELHI: Stock investors on Dalal Street have become poorer by Rs 5,66,187 crore in just four sessions of market fall, which saw the BSE benchmark index crashing 1,249 points, or 3.28 per cent. On Friday alone, the m-cap of all BSE-listed companies fell by Rs 2,02,433.26 crore. 

After a flash crash of 1,128 points with a matter of minuted, the 30-share Sensex recovered most of the losses to close at 36,841.60, 279.62 points, or 0.75 per cent down. Only 13 stocks in the index managed to end with gains. 

The Nifty50 plunged 368 points intraday and eventually closed at 11,143.10, with a loss of 91.25 points, or 0.81 per cent. Among the 50 stocks in the index, 23 settled in the positive terrain and 27 in the negative zone. 



No comments:

Post a Comment