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Tags archives: stock-market

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 […]

Biggest Sensex Crash Since 2009 Wipes Out 7 Lakh Crore of Investors' Wealth

The BSE Sensex slumped 1,625 points or nearly 6 per cent on Monday – marking its biggest percentage fall since 2009. In terms of absolute value, it was the third worst day for Sensex. The rupee sank to a fresh two-year low of 66.74 per dollar. The selloff in markets was triggered by a global meltdown in risk assets. Here’s your 10-point cheat-sheet to the story 1) At its day […]