Investors lose over Rs 11.45 lakh cr on BSE in 2-day market selloff
Investors have lost a hefty Rs 11,45,267.43 crore in two days as the domestic equity market continued to face severe drubbing amid a global selloff. The BSE benchmark Sensex plunged 1,189.73 points or 2.09 per cent to close at 55,822.01 on Monday.
(Pic: Reuters)
Sensex tanks
During the day, it tanked 1,879.06 points to 55,132.68. The benchmark had tumbled 889.40 points or 1.54 per cent to close at 57,011.74 on Friday.
(Pic: Reuters)
Market cap
The market capitalisation of BSE-listed companies tumbled Rs 11,45,267.43 crore in two days to stand at Rs 2,52,57,581.05 crore. Investors' wealth had on Friday shrunk by over Rs 4.65 lakh crore as markets suffered a heavy selloff following weak global cues amid rising Omicron cases and continued selling by foreign institutional investors.
(Pic: Pixabay)
Tata Steel: Biggest laggard
Tata Steel was the biggest laggard among the 30-frontline companies pack on Monday, tumbling over 5 per cent, followed by IndusInd Bank, SBI, Bajaj Finance and HDFC Bank.
(Pic: Reuters)
Gainers
HUL and Dr Reddy's were the only gainers.
(Pic: Reuters and https://www.drreddys.com/)
BSE indices
In the broader market, the BSE midcap and smallcap indices declined up to 3.42 per cent.
(Pic: Reuters)