Page 4 - Investor Wealth

Investor wealth plummets Rs 2.69 trn as stock market witnesses steep fall

Investor wealth eroded by Rs 2.69 lakh crore Thursday hit hard by massive sell-off in the equity market where the BSE benchmark index plummeted over 1,000 points in intra-day trade. The 30-share index plunged 759.74 points, or 2.19 per cent, to end at 34,001.15. Following the weak show by equities, the market capitalisation (m-cap) of BSE-listed companies witnessed an erosion of Rs 2,69,347.81 crore to Rs 1,35,70,402.59 crore. "Indian stock markets have fallen sharply on Thursday. This is a continuation of the sharp fall we have witnessed in the stock prices over the last couple of weeks (except for one or two days). "While most of the earlier fall could be attributed largely to domestic factors - be it the IL&FS effect and fears of contagion thereon, or the ever increasing fuel prices due to the combined effect of weakening rupee and rising global crude prices etc the reason for Thursday's fall is clearly global, with the US markets falling sharply," said Dheeraj Singh, Head of .

Investor wealth plunges Rs 1.71 trn as stocks tumble, Sensex falls 550 pts

Investor wealth eroded by Rs 1.71 lakh crore Wednesday in tandem with a weak broader market where the BSE benchmark Sensex plunged over 550 points. The BSE barometer plummeted 550.51 points, or 1.51 per cent, to end at 35,975.63. Led by the sharp loss in the equity market, the market capitalisation of the BSE-listed companies plunged Rs 1,71,287.84 crore to Rs 1,43,71,351.05 crore. The rupee breached the 73-mark for the first time to hit an all-time low of 73.41 (intra-day) against the US dollar. Meanwhile, Brent crude oil neared USD 85 a barrel. "Despite government's decisive move about IL&FS, the markets are under relentless pressure on the back of crude oil touching multi-year highs and the rupee making fresh all-time lows. The precarious positioning of international macros is simply not letting the pressure off the market. "The last-man-standing industries such as large cap autos and IT have also started melting, almost leaving no place for markets to hide," said Jagannadham

Investor wealth advances by Rs 1.12 trn as Sensex closes at record high

On the BSE, 1,792 stocks advanced, while 1,158 declined and 170 remained unchanged

Market capitalisation: Investor wealth falls Rs 1.78 lakh cr as stocks tank

The 30-share BSE index tanked 360.43 points to close at 33,370.76

Investor wealth surges over Rs 50 lakh cr in 3 yrs

Overall stock market has grown from little over Rs 75 lakh crore to more than Rs 125 lakh crore now