Market mayhem wipes off over Rs 8 lakh crore investor wealth
The carnage on Dalal Street eroded investor wealth worth Rs 8,56,689.62 crore, taking the total m-cap to Rs 1,28,56,869.10 crore on the BSE at 1030 hours. The m-cap of BSE-listed companies stood at Rs 1,37,13,558.72 crore at the end of trading on Wednesday. Traders said besides global rout, incessant foreign fund outflows also weighed on investor sentiments.
Market mayhem wipes off over Rs 8 lakh crore investor wealth, Photo: Reuters