MOHAMMAD ZIYAUDDIN
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Stock Market: Investor wealth declined by a massive Rs 9.19 lakh crore as the BSE Sensex fell over 930 points on Tuesday amid widespread selling pressure.
The local stock market continued to decline for the second consecutive day and the 30-share Sensex plunged 930.55 points or 1.15 percent to close at 80,220.72 points.
At one point during trading, it had fallen by 1,001.74 points. Due to this huge fall, the market cap of companies listed on BSE fell by Rs 9,19,374.52 crore to Rs 4,44,45,649.22.
Apart from Sensex, the BSE Smallcap index, which comprises of small companies, fell by 3.81 percent, while the Midcap index, which comprises of mid-sized companies, fell by 2.52 percent.
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