Sensex Plummets Over 900 pts, Rs 3.8 L Cr Investor Wealth Lost; Why is Market Falling Today
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Last Updated: February 22, 2023, 15:10 IST The Sensex on Tuesday opened higher by about 80 points at 60,770.34, compared with the previous close of 60,691.54. In the last 4 trading sessions, Sensex has lost over 1,500 points, with investors left poorer by nearly Rs 7 lakh crore. Market Crash Today: Sensex, Nifty on Wednesday dropped for the fourth session to hit over two-week low tracking losses in global equities. Sensex crashed over 900 points while Nifty gave up its support at the 17,600 level during the session. Both Sensex and Nifty lost around 1.46 percent and 2.71 percent so far this year Among the global markets, S&P500 and Dow Jones lost 2 per cent each while Asia Nikkei fell 1.4 percent and Heng Seng slipped 0.3 per cent. Today’s loss in market capitalisation was at Rs 3.8 lakh crore as the market value of all listed companies on BSE dropped to Rs 261.4 lakh crore. In the last 4 trading sessions, Sensex has lost over 1,500 points, with investors left poorer...