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Tags archives: downturn

Stock market carnage erodes Rs 9.6 lakh crore investor wealth in 3 days

The stock market bloodbath has wiped out a staggering Rs 9.6 lakh crore from investor wealth in three days with the rout continuing amid sell-off in world markets. The BSE benchmark Sensex slumped 1,274.35 points to hit the day’s low at 33,482.81 on Tuesday. Post the Union Budget on February 1, the 30-share index has plummeted by 2,164.11 points. Led by a continuous sell-off, the market capitalisation of BSE-listed companies […]