Investors lose Rs 13.3 trn in four days of stock market crash

The overall narrative of the market remains weak, especially following the cautiousness ahead of the RBI MPC due later this week, says a market analyst

Equity investors' wealth has tumbled by over Rs 13.3 trillion in four days of market plunge amid a sharp sell-off in global markets.

Falling for the fourth straight day, the 30-share BSE Sensex tanked 953.70 points or 1.64 per cent to settle at 57,145.22. During the day, it plummeted 1,060.68 points or 1.82 per cent to 57,038.24.

In four days, the BSE benchmark has slumped 2,574.52 points or 4.31 per cent.

The market capitalisation of BSE-listed firms tumbled Rs 13,30,753.42 crore in four sessions to reach Rs 2,70,11,460.11 crore.

"Domestic equities have corrected by more than 4 per cent over