The total investor wealth, measured in terms of market capitalisation of all the listed companies together, on Friday dipped to about Rs 27,74,000 crore (Rs 27.74 trillion) against close to Rs 73,00,000 crore (Rs 73 trillion) on January 10, when the benchmark Sensex had scaled its life-time high.
The Sensex on Friday witnessed its second biggest single day fall of over 1,000-points which wiped off over Rs 3.25 trillion since Thursday.
Biggest falls in stock market history
The combined market-cap had been Rs 31,00,607 crore (Rs 31 trillion) at the end of the Thursday's trade. The Sensex settled the day below the 9,000 level, down by about 11 per cent, after nearly three years.
The combined market valuation of all the 30 stocks comprising the benchmark index Sensex stood at Rs 12,67,419.90 crore (Rs 12.67 trillion) losing as much as Rs 1,71,000 crore (Rs 1.71 trillion) in a single day. The Sensex companies command nearly half of total market valuation of all the listed firms.
Among the major losers, corporate behemoth Reliance Industries lost over Rs 29,038 crore (Rs 290.38 billion) in a single day with the scrip dropping over 16 per cent.
While PSU major ONGC's market capitalisation fell over Rs 24,900 crore (Rs 249 billion), Infosys fell by Rs 1,946 crore (Rs 19.46 billion) and telecom major Bharti Airtel lost over Rs 15,403.09 crore (Rs 154.03 billion).Global meltdown: Complete coverage
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