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Reply #62: Investors lose Rs 2.15 lakh crore in market meltdown [View All]

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 09:27 AM
Response to Reply #42
62. Investors lose Rs 2.15 lakh crore in market meltdown
http://economictimes.indiatimes.com/markets/stocks/market-news/investors-lose-rs-2-15-lakh-crore-in-market-meltdown/articleshow/10080030.cms

MUMBAI: Investors suffered a whopping loss of over Rs 2 lakh crore in the stock market on Thursday, with those invested in top blue-chip companies being hit harder than shareholders of smaller companies.

The total investor wealth, measured in terms of value of all listed shares, fell to Rs 60.26 lakh crore in today's trade which saw BSE Sensex falling 704 points-- the worst fall in over 26 months.

This marked a fall of Rs 2.15 lakh crore in investor wealth from Rs 62.41 crore at the end of yesterday's trade.

More than half of the loss was suffered by the top 30 companies, which are part of the benchmark index Sensex.
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