Investors wealth falls by Rs 3.35 trn in two days as sentiment remain weak

Equity market investors have lost over Rs 3.35 trillion in two days as sentiment remained weak amid a steady rise in coronavirus cases in the country.

The 30-share BSE barometer Sensex plunged 1,375.27 points or 4.61 per cent to close at 28,440.32 on Monday. On Friday, it had fallen by 131.18 points.

Led by the two-day decline in equities, the market capitalisation of BSE-listed companies dropped by Rs 3,35,192.89 crore to Rs 1,09,63,832.17 crore.

"While the coordinated stimulus action from governments around the world has offered some respite, the volatility in the market is likely to continue as there is no certainty as