BSE Sensex and Nifty50 crash on Wednesday led to investors losing a significant amount of money. The BSE Sensex, influenced by weak global trends and a drop in bank stocks, plummeted by 1,628 points. This decline extended from the previous day, with the Sensex settling at 71,500.76, marking a 2.23% decrease. Intraday, the 30-share index reached a low of 71,429.30, falling by 2.32%.
This decline in the equity markets led to a reduction of Rs 4,59,327.64 crore in the market capitalization of BSE-listed companies, bringing it down to Rs 3,70,35,933.18 crore, according to a PTI report. Over the course of two days, investors' wealth decreased by Rs 5,73,576.83 crore.