Asian Market dive washes away Rs. 4.95 lakh cr investor wealth
Asian Market dive washes away Rs. 4.95 lakh cr investor wealth
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New Delhi [India], Feb 6 (NT): The banal bazaar attempt on Tuesday morning had done abroad Rs 4.95 lakh crore of broker wealth.

According to Moneycontrol, afterward the downfall, absolute bazaar capitalization of Bombay Banal Exchange (BSE) listed companies breakable by Rs. 4,94,766 crore to Rs. 1,43,00,981 crore.

Sensex plunges over 1,200 points, Nifty dives 3.6 pc lower. as per reports of Reuters.

Extending its freefall for the sixth beeline session, the 30-share BSE fell by 1,274.35 points, to 33,482.81 with all sectoral indices, including realty, customer durables, metal and cyberbanking tradings in the abrogating zone.

In the deathwatch of Wall Street's better one-day abatement back 2011, the awkward oil futures as well continued their slump.

The Indian Rupee to is trading at its everyman akin back December 2017.

The rupee plunged 29 paise in the aboriginal trade. It opened at Rs. 64.35 per dollar as adjoin Rs. 64.06 on Monday.

Earlier in the day, the Dow Jones Industrial Average fell 1,175.21 credibility to 24,345.75.

The S&P 500 absent 113.19 credibility or 4.10 percent to 2,648.94 and the Nasdaq alone 273.42 credibility to 6,967.53.

Asian stocks dived on Tuesday after a record-breaking pasting on Wall Street, extending a global hubbub as alarmed investors worry over raising US borrowing costs and cash in profits after months of market euphoria.

 

Tokyo led a fall down throughout the region in early trade plunging more than five per cent, while Hong Kong was behind almost four per cent at one point and Sydney sank three per cent.

 

Dealers tracked their colleagues in New York, where the Dow experienced its worst points plunge in history, wiping out all its 2018 gains, while the S&P 500 also took a pasting to sit down for the year.

(NT)

 

 

 

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