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Investors' wealth tumbles over Rs 2.16 lakh crore as markets crash


NEW DELHI: Investors wealth tumbled over Rs 2.16 lakh crore at close of trade on Monday as markets crashed amid a sharp spike in coronavirus cases in the country.
The 30-share BSE benchmark sensex plummeted 1,449.03 points to 48,580.80 intra-day. It finally closed 870.51 points or 1.74 per cent lower at 49,159.32.
Following this, the market capitalisation of BSE-listed companies dived Rs 2,16,566.52 crore to reach Rs 2,05,09,835.27 crore at close of trade.
From the 30-share pack, 25 companies closed lower, led by Bajaj Finance, IndusInd Bank and State Bank of India.
In contrast, IT stocks closed with gains, with HCL Tech leading the gainers chart with a jump of 3.08 per cent. ....

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