Rs 2,70,000 Crore Invesotrs wealth wiped out in last 2 trading days

The stock markets down fall in this week was dreadful for most of the investors, stocks were going up and down the sensex hitting the lower circuit and recovering. Finance ministers intervening into the situation announcing that the step from the SEBI was to moderate the incoming funds from the global markets to the Indian markets.

According to the estimates, Investors  would have lost around Rs 2.7 trillion in the past 2 trading sessions with the markets shedding over 1000 points and most of the country’s 30 largest blue chip companies account for nearly 50% of the losses.

Total Wealth of all the listed companies dropped to 56,01,050 crore as against 58,71,400 crore before the freefall began on the stock markets on Wednesday. The BSE 30-Sensex companies together have lost close to Rs 1,40,000 crore in past two days, including a loss of about Rs 90,000 crore in today’s fall withthe country’s most valued firm RIL’s loss put to Rs 32,000 crore.

Dont know how much more markets will drop today and how much more investors will loose in this free falling markets.

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