In two days, investors have lost Rs 9,74,176.71 crore wealth. At close of trade on Tuesday, the market capitalisation of BSE-listed companies was at Rs 1,19,52,066.11 crore.
Last week, the finance ministry hauled up the market regulator, seeking immediate action to curb the free fall in the market, sources said
Fears that the spread of COVID-19 would push the global economy into recession have led to extreme risk aversion among investors
The Nifty50 index hit a lower circuit on Friday as panic spread.
The SBI Cards' IPO closed on March 5, and since then the market has come off 11%
Nifty hit lower circuit in opening session, halting trade for 45 minutes. Indices see sharpest recovery; Sensex rebounds 5,000 pts from day's low.
Trading was halted for 45 minutes in early session after the index hit its lower circuit limit.
After the markets opened 5% gap-down, the Nifty hit the lower circuit of 10% within five minutes. This led to the halting of trade for 45 minutes
In one-month period, large-cap schemes down 20 per cent
Valuation computations for proposed deals go awry
A stock or index is said to be in a bear phase if the benchmark extends its decline to 20 per cent.
Significant fall in number of contracts traded since Friday, brokers advise clients to stay away from what they see as a very volatile market
Govt should seize the opportunity to improve its finances
The Indian markets suffered their worst single-day rout in five years, with the benchmark indices falling 1,942 points and the rupee breaching 74 against the dollar.
The failure of the Vienna talks added to increasing investor nervousness over the coronavirus epidemic that has dampened oil demand
Given the ongoing global risk sentiment, investors are flocking to safe-haven asset classes and avoiding risky EM asset classes, said Maheshwari
The comments come a day after the action by central banks across the world, including a surprise 50 basis points cut in rates by the US Federal Reserve
The broader index also witnessed one of its most volatile sessions ever, swinging nearly 400 points, or 3.6%
ETFs, which invest in Hong Kong-listed Chinese stocks, saw outflows of nearly $1.4 billion - most among Ems
Market players said if not for the buying by domestic investors, there could have a steeper decline. They bought shares worth over Rs 3,000 crore in each of the last two trading sessions.