As the equity market plunged for the fourth day in a row, where the BSE benchmark index plummeted over 1,100 points in afternoon trade Friday, investor wealth witnessed an erosion of a whopping Rs 5.6 lakh crore in four days.


The 30-share index cracked 1,127.58 points, or 3 per cent, to hit an intra-day low of 35,993.64 Friday. It, however recovered most of the losses within minutes of the fall.


There were wild swings in the market, with the BSE Sensex finally settling at 36,841.60, down 279.62 points or 0.75 per cent. Following the weak sentiment, the market capitalisation of BSE-listed companies slumped Rs 5,66,187.15 crore to Rs 1,50,70,832 crore Friday. From the 30-share pack, 17 stocks ended with losses led by YES Bank, which crashed 28.71 per cent, dragging the benchmark index. -- PTI