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Anurag Panchal's MCR WORLD

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  • Updated 5 Years Ago

Horrifying Thursday - Domestic Stocks Plunges Sharply

Updated 5 Years Ago

Horrifying Thursday - Domestic Stocks Plunges Sharply
On Thursday, there was a sharp plunge in domestic stocks that wiped off Rs 4 lakh crore of investor wealth within five minutes. According to data, the combined market capitalization of all BSE-listed companies got eroded to Rs 134.38 lakh crore in the initial trades, data available with BSE suggested. It is against a market value of Rs 1,38,39,750 crore, the BSE listed companies commanded on Wednesday, and a high of Rs 1,59,34,696 crore they enjoyed on August 30. Today, the domestic stocks plunged in line with Asian shares which fell up to 5 per cent, tracking n overnight fall
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