Two days of market fall erodes Rs 8.67 lakh crore from investors wealth
New Delhi, Jul 25 (PTI) Investors’ wealth eroded by Rs 8.67 lakh crore in two days of sharp fall in the equity market, where the benchmark Sensex tanked 1.52 per cent. Persistent foreign fund outflows and heavy selling in financial, IT stocks have dragged the markets lower. In the past two trading days, the 30-share BSE Sensex has dropped 1,263.55 points or 1.52 per cent. Following the sharp fall in equities, the market capitalisation of BSE-listed firms fell by Rs 8,67,406.75 crore to Rs 4,51,67,858.16 crore (USD 5.22 trillion) in two days. On Friday, the Sensex tanked 721.08 points or