The market capitalisation of the Bombay Stock Exchange (BSE) eroded by a whopping Rs 24,613 crore since the Union Budget announcement.
In the same period, the benchmark sensex has lost 3.99 per cent or nearly 131 points.
The aggregate market capitalisation has slumped to Rs 5,66,082 crore as on March 7 from Rs 5,90,695 crore as on February 28, a decline of Rs 24,613 crore or 4.17 per cent.
Out of the 112 industry classifications of Business Standard, nearly 97 reported a slip in capitalisation to the tune of Rs 24,658 crore, while only 5 sectors has seen their valuations up