- INVESTOR WEALTH ERODES ₹8.4 TRILLION
INDIAN EQUITIES SAW a dramatic slide during the second half of the session on Tuesday, with sell-offs in heavyweights triggering the crash.
The decline was led by HDFC Bank and Reliance Industries, with the BSE Realty, Services, Metal, Oil & Gas, and Energy recording significant losses.
The 30share Sensex nosedived 1,053.10 points (1.47%) to close at 70,370.55 had gained 615.55 points or 0.86% to an intra-day high of 72,039.20, but pared gains to slump up to 1,805 points or 2.51% from the day's high to an intra-day low of 70,234.55.
The broader Nifty shed 333 points or 1.54% to close at 21,238.80. It had gained 0.83% intra-day to touch 21,750.25, and fell 2.56% to an intra-day low of 21,192.60.
This story is from the January 24, 2024 edition of Financial Express Mumbai.
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This story is from the January 24, 2024 edition of Financial Express Mumbai.
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