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Equity markets fail; investor wealth falls

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An electronic ticker board displays stock figures outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Tuesday, Dec. 11, 2018. India’s new central bank governor has a list of challenges to face as he takes office: from fixing a banking crisis to convincing investors of the institution’s autonomy. Photographer: Dhiraj Singh/Bloomberg

At the Bombay Stock Exchange, 1,697 companies dismissed, 716 progressed and 152 remained unaffected.
On Tuesday, Investor wealth dropped by Rs. 3,30,408.87 crore as equity came under the pressure of heavy selling, followed by sell-off in global stocks as rout in crude oil hit investor sentiment. The Sensex toppled 1,011.29 points, or 3.20 per cent, to close at 30,636.71.

Led by the sharp fall in the index, the market capitalization of the BSE- listed companies dropped Rs 3,30,408.87 crore to Rs 1,20,42,172.38 crore.

 

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