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D-Street fall in numbers: Investors lose Rs 7 lakh crore; 500 stocks hit lower circuit


D-Street fall in numbers: Investors lose Rs 7 lakh crore; 500 stocks hit lower circuit
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Last Updated: Dec 21, 2020, 05:57 PM IST
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Synopsis
Volatility index, or India VIX, climbed 21.74 per cent to 22.76. A sudden spike in volatility index suggests bear grip on the market with the upside capped.
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Reliance shares fell 2.92 per cent to Rs 1,934 level in Monday s trade.
NEW DELHI: Investors on Dalal Street witnessed wealth erosion of over Rs 7 lakh crore on Monday as market participants preferred to book profits, amid weak global cues and concerns over a new strain of the virus leading to fresh restrictions in European countries. Market capitalisation of BSE-listed firms tanked to Rs 178 lakh crore from Rs 185 lakh crore on Friday. ....

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