807 points fall takes Sensex to pre Narendra Modi level Thursday February 11,2016
In a bloody carnage on Dalal Street, market benchmark Sensex plunged by
807.07 points on Thursday, its biggest fall in six months, to settle
below 23,000-level after 21 months as fears of a global slowdown and
disappointing quarterly numbers combined to batter investor sentiment.
Total investor wealth, measured in terms of cumulative market value of all listed stocks, tanked by more than Rs 3 lakh crore.
So far this year, the market valuation of BSE-listed companies has come
down sharply by Rs 14 lakh crore from Rs 1,00,37,734 crore on December
31, 2015.
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