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Investors poorer by Rs 6.5 trn in two days as Sensex tanks over 1,500 pts

According to analysts, fresh concerns related to the global economic growth have dampened investor sentiments

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File photo: Kamlesh Pednekar

Press Trust of India New Delhi
A decline in equities for two sessions has eroded investors' wealth by more than Rs 6.57 trillion.

The 30-share BSE Sensex tumbled 872.28 points or 1.46 per cent to settle at 58,773.87 points on Monday.

In two straight sessions, the benchmark index has tanked 1,524.13 points or 2.52 per cent.

The weak trend in the broader market have pulled down the market capitalisation of BSE-listed firms by Rs 6,57,758.04 crore to Rs 2,73,95,002.87 crore (over Rs 273.95 lakh crore) in two days.

"While correction was overdue for sometime after the recent upsurge, fresh concerns of a likely hawkish stance by

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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