Investor wealth plummets Rs 5.15 trillion in early trade as Sensex plunges

ICICI Bank was the top laggard in the Sensex pack, tumbling nearly 9 per cent, followed by IndusInd Bank, Bajaj Finance, Tata Steel and HDFC

Investors witnessed a wealth erosion of Rs 5.15 trillion in BSE-listed companies in morning trade on Monday tracking heavy selloff in the market, with benchmark Sensex plunging over 1,700 points.

The BSE barometer tanked 1,752.55 points to a low of 31,965.07 in early trading session, news agency PTI reported.

Led by the weak trend in the equity market, the market capitalisation of BSE-listed companies fell by Rs 5,15,308.99 crore to Rs 1,24,26,311.83 crore.

ICICI Bank was the top laggard in the Sensex pack, tumbling nearly