Posted 1/23/2024, 1:13:00 PM
Sensex Plunges Over 1,000 Points as Investors Lose Rs 8.5 Lakh Crore Amid Broad-Based Selloff
- BSE Sensex plunged over 1,053 points on Tuesday, closing below 71,000 level
- Equity investors lost Rs 8.50 lakh crore as market capitalization fell from Rs 374 lakh crore to Rs 366 lakh crore
- Decline attributed to massive sell-off and profit booking amid weak global cues and mixed earnings
- HDFC Bank, Reliance Industries, SBI were top contributors to Sensex's fall
- Midcap, smallcap, realty, services indices recorded significant declines; healthcare only sectoral gainer