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Investors' stock market wealth plunged by a little over Rs 200,000 crore on Thursday after the Sensex recorded its sharpest single-day fall on fear of global economic slowdown.
The total investor wealth, measured in terms of cumulative market value of all listed companies, plummeted by Rs 216,274 crore and stood at Rs 60,26,012 crore at the end of the day's trade.
Of this, more than half or Rs 1,21,416 crore got eroded just from the 30-share BSE Sensex companies that include blue chips like Reliance Industries, Tata Motors, TCS and Bharti Airtel.
Text: Business Standard
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