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Covid-19 2nd wave may cost India Rs one lakh crore
Covid-19 2nd wave may cost India Rs one lakh crore
The upsurge in new Covid-19 cases, fears of lockdown in Maharashtra and tougher restrictions in other states battered the Indian share market, wiping off over Rs 8 lakh crore of investors wealth on Monday.
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UPDATED: April 14, 2021 09:44 IST
People wearing protective masks crowd a marketplace amid the second wave of Covid-19 in Mumbai (Picture Credits: Reuters)
A loss of Rs 8 lakh crore in the market value of listed companies amidst apprehension of a major hit that’s how the stock market came to terms, numerically, with the surging coronavirus cases across the country on Monday.