Business Standard

Investor wealth tumbles over Rs 9.75 trn in two days of market crash

The 30-share BSE benchmark tanked 1,456.74 points, or 2.68%, to settle at 52,846.70 on Monday

Sensex
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(Photo: Bloomberg)

Press Trust of India New Delhi
Equity investors became poorer by over Rs 9.75 lakh crore in two days of heavy decline in the equity market, with the Sensex plunging 1,457 points on Monday.

The 30-share BSE benchmark tanked 1,456.74 points or 2.68 per cent to settle at 52,846.70 on Monday. It had ended 1,016.84 points or 1.84 per cent lower at 54,303.44 on Friday.

In line with weak trend in equities, the market capitalisation of BSE-listed firms eroded by Rs 9,75,889.77 crore to Rs 2,45,19,673.44 crore in two days.

"Markets crashed with full force on the first day of the week, as benchmark indices slumped below their crucial

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