Business Standard

Wednesday, December 25, 2024 | 01:35 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Equity investors lose over Rs 5.82 trillion in three consecutive sessions

Feeble global cues, foreign fund outflows and concerns over policy tightening by central banks have led to the selling pressure, experts said

Illustration: Ajay Mohanty
Premium

Illustration: Binay Sinha

Press Trust of India
Investors' wealth has tumbled by over Rs 5.82 trillion in three consecutive sessions of market decline.

Feeble global cues, foreign fund outflows and concerns over policy tightening by central banks have led to the selling pressure, experts said.

Declining for the third straight session on Monday, the 30-share BSE benchmark Sensex nosedived 1,023.63 points or 1.75 per cent to close at 57,621.19. In three days, the benchmark has tanked 1,937.14 points.

Amid the weak sentiment, the market capitalisation of BSE-listed companies tumbled Rs 5,82,272.23 crore in three days to stand at Rs 2,64,82,633.52 crore.

"Markets traded under pressure and lost over one and a

Disclaimer: No Business Standard Journalist was involved in creation of this content

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in