बाजार में मंदी के कारण निवेशकों की संपत्ति से 2.91 लाख करोड़ रुपये कम हो गए।

On Monday, investors witnessed a depletion of Rs 2.91 lakh crore in their wealth as the BSE benchmark Sensex experienced a significant drop of almost 1 % amidst a subdued global market trend. The 30-share BSE Sensex plummeted by 670.93 points or 0.93%, settling at 71,355.22. Throughout the day, it recorded a decline of 725.11 points or 1%, reaching 71,301.04.

The market capitalization of BSE-listed companies saw a decline of Rs 2,91,756.23 crore, settling at Rs 3,66,40,965.08 crore. "Investors expressed concerns across Asian and European markets, as the US bond yields surpassed 4 % again, triggering a significant correction in domestic equities. With escalating valuations causing apprehension, investors opted for profit-taking, particularly due to weaknesses in banking, IT, and oil & gas stocks, leading to the Sensex closing below the 72,000 mark," commented Prashanth Tapse, Senior VP (Research) at Mehta Equities Ltd.

Market downturn results in a depletion of Rs 2.91 lakh crore from investors' wealth.