Investors become poorer by Rs 7.46 trn in morning trade as markets crash

Q: How long will it take to read this news story?

The story "Investors become poorer by Rs 7.46 trn in morning trade as markets crash" has 452 words across 18 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Investors become poorer by Rs 7.46 trn in morning trade as markets crash" was covered 16 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 278 news stories per day. It's most recent story was published 4 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26503431</li><li>URL: https://chronographically.beamstart.com/news/investors-become-poorer-by-rs-17407231591912</li></ul>

Business Standard Logo Business Standard 16h ago

Investors become poorer by Rs 7.46 trn in morning trade as markets crash - Business Standard

Quick Summary:

Investors' wealth tumbled by Rs 7.46 lakh crore in morning trade on Friday, in-tandem with a sharp decline in the domestic equity market, with the benchmark Sensex plunging over 1,000 points following a bearish trend in global equities.

Following the sharp decline in equities, the market capitalisation of BSE-listed firms eroded by Rs 7,46,647.62 crore to Rs 3,85,63,562.91 crore (USD 4.42 trillion) in morning trade.

From the Sensex pack, Tech Mahindra, IndusInd Bank, Maruti, HCL Tech, Tata Consultancy Services, Infosys, Mahindra & Mahindra and Titan were the biggest laggards.