Categories: Business

The wealth of investors eroded at Rs 10.29 lakh crore in 4 days

New Delhi: Investors have lost more than Rs 10.29 lakh crore in four days of market decline, with the taste of the risk of dents because of concerns over foaming assessment by Fiis that has not yet taken place.
Fall for the fourth consecutive session on Friday, BSE 30-sharing Benchmark Sensex settled 101.88 points or 0.17 percent lower at 60 821.62.
In four days, benchmarks have fallen 943.97 points or 1.52 percent.
After this, the market capitalization of companies registered BSE fell by Rs 10.29,970.84 Crore in four days to stand at Rs 2,64,39,636.09 Crore at the trading level on Friday.
“The equity market was opened positively but after the initial steps bound, once again gave up on ordering profits and ended the session in red for the fourth day in a row,” said Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services Ltd.
ITC is the largest slung between 30 sensex companies, falling 3.39 percent, followed by Maruti, Infosys and NTPC.
Conversely, HDFC, Bajaj Auto, Bank Box, Bank and Indusind Bank axis are among enhancers.
In a broader market, the MIDCAP index and Smallcap BSE decreased by 1.20 percent.

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