Rs 10 lakh crore market wealth lost as investors book profit from record highs
Sensex has tumbled 3,666 points to 46,518 (intra day low) from record high of 50,184. Similarly, Nifty crashed 1,040 points against its all-time high of 14,753 hit on January 21
Aseem Thapliyal | January 28, 2021 | Updated 19:10 IST
In line with weak global equities, Sensex ended 535 points lower at 46,874 and Nifty fell 149 points to 13,817 today.
Investor wealth has eroded by Rs 10.89-lakh crore in five sessions as equity market took a U-turn from record high scaled last Thursday. Market wealth, which rose to a record Rs 199.02 lakh crore on January 21 declined to Rs 188.13 lakh crore on BSE today.