News > Investors lose Rs 21 lakh crore as Sensex tumbles 4,500 pts in seven sessions

Investors lose Rs 21 lakh crore as Sensex tumbles 4,500 pts in seven sessions

Business Standard | 27/01/2022 12:45 PM | Click to read full article

Investors have lost over Rs 21 lakh crore since January 17 as the Indian equity market suffered losses in line with global equities. Sensex which stood at 61,308 on January 17 has tumbled 4,468 points to date in a series of loss-making sessions except for the one on January 25.

The crash has wiped out Rs 21.28 lakh crore from investor wealth in seven trading sessions. The market cap of BSE listed firms fell to Rs 258.74 lakh crore today against Rs 280.02 lakh crore on January 17.