Taking Stock: Fast & furious! Rs 14 lakh cr gone in M-cap; Sensex nosedives below 26,000
Episode 2339, Mar 23, 2020, 12:57 PM
It was fast and furious fall we witnessed on D-Street which pushed the S&P BSE Sensex below 26000 while the Nifty50 plunged more than 1000-points to break multiple support levels in its way down.
Investors lose nearly Rs 14 lakh cr in terms of market capitalisation. The average market capitalisation of the BSE-listed companies fell from Rs 116.09 lakh cr recorded on 20 March to Rs 102.13 lakh cr as on March 23.
Investors lose nearly Rs 14 lakh cr in terms of market capitalisation. The average market capitalisation of the BSE-listed companies fell from Rs 116.09 lakh cr recorded on 20 March to Rs 102.13 lakh cr as on March 23.