Indian market carnage: Selloff erodes nearly Rs 12 lakh crore investor wealth
New Delhi, Mar 13 (PTI) Investor wealth worth nearly Rs 12 lakh crore was wiped off in less than 15 minutes of trade opening on Friday, with benchmarks crashing over 10 per cent on mounting fears over coronavirus pandemic.
The 30-share BSE Sensex plummeted 3,380.59 points, or 10.31 per cent, to 29,397.55. It hit an intra-day low of 29,388.97, falling up to 3,389.17 points.