Indian Markets Plunge Second Day: ₹8.49 Lakh Cr Wiped Out Amid Oil Shock
New Delhi, 09 March (H.S.): Domestic bourses extended losses for a second straight session Monday, hammered by West Asia crude surge, FII outflows, and feeble global cues—erasing ₹8.49 lakh crore in investor wealth as BSE market cap shrank to ₹441.
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New Delhi, 09 March (H.S.): Domestic bourses extended losses for a second straight session Monday, hammered by West Asia crude surge, FII outflows, and feeble global cues—erasing ₹8.49 lakh crore in investor wealth as BSE market cap shrank to ₹441.19 lakh crore from Friday's ₹449.68 lakh crore.

Sensex shed 1,352.74 points (1.71%) to close at 77,566.16 after slumping 2,494 points intraday to 76,424.55—recovering 1,286 points late. Nifty cratered 422.40 points (1.73%) to 24,028.05, off lows of 23,697.80 (down 752 points) with 380-point rebound.

Sector Carnage

Metal, auto, consumer durables, capital goods, O&G, PSU/private banks tumbled 2-4%. Healthcare, FMCG, PSE, tech closed red; Nifty IT eked out 0.08% gain. Midcap (-1.97%), smallcap (-2.22%) bled. Trading: BSE 4,536 stocks (972 up, 3,379 down); NSE 2,978 (471 up, 2,507 down).

Top Gainers: Wipro (1.71%), RIL (1.37%), Apollo Hospitals (0.71%), Infosys (0.50%), Sun Pharma (0.44%).

Top Losers: TMPV (5.35%), UltraTech Cement (5.08%), Eicher Motors (4.65%), Maruti Suzuki (4.60%), Bajaj Auto (4.41%).

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Hindusthan Samachar / Jun Sarkar


 rajesh pande