Investors lose Rs 1.33 lakh cr in market bloodbath

August 05, 2011 17:56

Investors were left poorer by over Rs 1.33 lakh crore after today's stock market crash, even as the market managed to recover nearly half of the losses suffered earlier during the day.

The plunge in investors' wealth, which is notional in nature and is measured in terms of cumulative value of all listed stocks, was more than Rs 2.5 lakh crore at one point of time when the benchmark Sensex had plunged over 700 points to below the 17,000-point level -- the lowest since 2008..

« Back to LIVE

TOP STORIES

Father of teen who mowed down two people with Porsche held

Police have detained the father of a 17-year-old boy allegedly involved in a car accident that killed two persons in Maharashtra's Pune city, an official said on Tuesday.

ER&D sails get trimmed amid FY25 outlook fog

Indian engineering research and development (ER&D) players, such as Tata Technologies, Tata Elxsi, and Cyient, among others, had a subdued January-March quarter of 2023-24. The outlook for 2024-25 (FY25) also remains unexciting amid...

How To Get A $40K Scholarship To Study In Australia

A total of 28 scholarships are available for Indian students who have applied to a UG or PG programme at the University of Sydney.

Liquor Flows In Dry Bihar During Polls

Four times more liquor has been seized in the 2024 election than during the 2019 polls.

Supermodel Wears Manish Malhotra Gown At Cannes

The ethereal pearl number was stunning to say the least.