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Investors lose Rs 7.34 lakh cr as market fall on poll uncertainties

The Daily Guardian

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May 10, 2024

Investors' wealth on Thursday eroded by Rs 7.34 lakh crore as markets took a heavy beating, with the BSE Sensex tumbling 1,062.22 points.

Declining for the third day running, the 30-share BSE benchmark dropped 1,062.22 points or 1.45 percent to settle at 72,404.17.

During the day, it tanked 1,132.21 points or 1.54 percent to 72,334.18.

The market capitalisation of BSE-listed companies eroded by Rs 7,34,513.48 crore to Rs 3,93,34,896.14 crore (USD 4.71 trillion).

On May 2, the mcap of BSE-listed firms reached an all-time peak of Rs 4,08,49,767.90 crore.

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