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Stock market mayhem costs investors Rs 9.91 lakh crore

Published 2 weeks ago2 minute read

Headline indices plunged almost 2 per cent each amid a broad-based sell-off on Friday, with the Sensex falling as much 1,345.08 points to 73,267.4 and the Nifty50 plunging to as low as 22,128.9, down 416.2 points from its previous close. The market crash wiped off Rs 9.91 lakh crore of investors' wealth as the market capitalisation of BSE-listed companies stood at Rs 383.18 lakh crore at mid-day, according to provisional exchange data.

Investors awaited an official quarterly GDP reading, due later in the day, for domestic cues.

Globally, growing concerns about a full-fledged global trade war hurt investor sentiment.

Meanwhile, the IT, automobiles, and telecom sector stocks are top losers, including Infosys, Bharti Airtel, TCS, and Mahindra & Mahindra (M&M). On the other hand, Coal India, HDFC Bank, Shriram Finance, and Axis Bank are the top gainers. 

INDUSINDBK -6.28
TECHM -5.59
WIPRO -4.87
TITAN -4.74
M&M -4.13
INFY -3.7
TCS -3.67
MARUTI -3.51
TATAMOTORS -3.51
TATACONSUM -3.51
HCLTECH -3.34
BEL -3.33
EICHERMOT -3.22
BHARTIARTL -3.16
TATASTEEL -3.14
ONGC -3.1
BPCL -2.9
POWERGRID -2.87
JSWSTEEL -2.79
SBIN -2.78
BAJAJ-AUTO -2.72
BAJAJFINSV -2.62
NTPC -2.58
ULTRACEMCO -2.56
HEROMOTOCO -2.43
APOLLOHOSP -2.19
BRITANNIA -2.18
NESTLEIND -2.06
SBILIFE -2.02
KOTAKBANK -1.98
LT -1.92
ITC -1.83
BAJFINANCE -1.69
SUNPHARMA -1.61
HINDUNILVR -1.6
HDFCLIFE -1.53
ASIANPAINT -1.31
TRENT -1.15
ADANIPORTS -1.03
ICICIBANK -1.02
ADANIENT -0.97
HINDALCO -0.92
GRASIM -0.83
CIPLA -0.49
DRREDDY -0.19
COALINDIA 1.09
HDFCBANK 0.85
SHRIRAMFIN 0.75
RELIANCE 0.14
AXISBANK 0.08

The 30-share index slumped 896.03 points to 74,454.41 since Monday's session closing and the Nifty 50 index dipped 1.45 per cent.

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