A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai (pic: Reuters)
A sharp sell-off in the stock market wiped out over Rs three lakh crore from total investors' wealth on Friday after the Sensex and the Nifty lost over 3% each in an early morning trade as media reports indicated a higher probability of Britain deciding to exit from the European Union.
The market capitalisation (m-cap) of BSE-listed companies fell by Rs 3.36 lakh crore to Rs 98.01 lakh crore in opening deal at 09:16 AM. The m-cap stood at Rs 10.14 lakh crore on Thursday, BSE data showed.
The Bombay Stock Exchange (BSE) S&P BSE Sensex lost 3.5% or 948 points to 26,054, while the National Stock Exchange (NSE), Nifty 50 index plunged 3.6% or 294 points to 7,976 in an intra-day trade.
At 09:26 AM, among individual stocks, Tata Motors and Tata Consultancy Services (TCS) lost more than Rs 10,000 crore each m-cap. ICICI Bank, HDFC Bank, Oil & Natural Gas Corporation (ONGC), Reliance Industries, Infosys, State Bank of India (SBI), Housing Development Finance Corporation (HDFC), Maruti Suzuki India, Kotak Mahindra Bank and Coal India lost over Rs 5,000 crore each m-cap.
Company
LTP (Rs)
CHG(RS)
CHG(%)
M-cap lost (Rs cr)
TATA MOTORS
445.10
-42.85
-8.78
-13798
TCS
2582.55
-62.80
-2.37
-12374
ICICI BANK
226.10
-14.80
-6.14
-8609
HDFC BANK
1159.00
-31.10
-2.61
-7874
O N G C
210.00
-8.50
-3.89
-7272
RELIANCE INDS.
959.70
-20.75
-2.12
-6728
INFOSYS
1183.65
-27.95
-2.31
-6420
ST BK OF INDIA
209.65
-7.90
-3.63
-6133
H D F C
1208.00
-37.50
-3.01
-5929
MARUTI SUZUKI
3980.00
-188.60
-4.52
-5697
KOTAK MAH. BANK
717.10
-30.15
-4.03
-5533
COAL INDIA
309.20
-8.35
-2.63
-5274
AXIS BANK
505.55
-20.85
-3.96
-4977
HCL TECHNOLOGIES
734.95
-34.85
-4.53
-4916
ITC
354.25
-6.00
-1.67
-4828
BHARTI AIRTEL
355.05
-9.75
-2.67
-3897
HIND. UNILEVER
852.55
-16.80
-1.93
-3636
WIPRO
549.10
-14.60
-2.59
-3607
LARSEN & TOUBRO
1459.90
-38.70
-2.58
-3607
BHARTI INFRA.
307.65
-14.35
-4.46
-2722
M & M
1336.10
-38.65
-2.81
-2401
TATA STEEL
313.30
-20.65
-6.18
-2006
BAJAJ AUTO
2583.15
-68.85
-2.60
-1992
TECH MAHINDRA
511.40
-19.95
-3.75
-1937
AUROBINDO PHARMA
693.10
-32.55
-4.49
-1905
POWER GRID CORPN
153.20
-3.45
-2.20
-1805
INDUSIND BANK
1077.00
-26.30
-2.38
-1567
ADANI PORTS
199.65
-7.50
-3.62
-1553
ULTRATECH CEM.
3284.25
-53.70
-1.61
-1474
IDEA CELLULAR
97.65
-3.95
-3.89
-1422
YES BANK
1077.50
-33.30
-3.00
-1402
EICHER MOTORS
18147.90
-511.55
-2.74
-1390
B H E L
116.85
-5.60
-4.57
-1371
TATA MOTORS-DVR
292.50
-26.95
-8.44
-1370
BANK OF BARODA
146.60
-5.60
-3.68
-1290
BOSCH
21450.00
-400.60
-1.83
-1258
HERO MOTOCORP
3005.00
-58.40
-1.91
-1166
NTPC
147.70
-1.40
-0.94
-1154
ZEE ENTERTAINMEN
436.05
-11.90
-2.66
-1143
B P C L
1008.70
-15.15
-1.48
-1095
CIPLA
462.35
-13.40
-2.82
-1077
HINDALCO INDS.
118.75
-5.15
-4.16
-1063
LUPIN
1463.45
-22.25
-1.5
-1003
SUN PHARMA.INDS.
748.60
-4.00
-0.53
-963
GAIL (INDIA)
368.35
-7.20
-1.92
-913
ASIAN PAINTS
976.55
-7.55
-0.77
-724
AMBUJA CEM.
245.50
-4.40
-1.76
-683
DR REDDY'S LABS
3133.20
-38.35
-1.21
-654
TATA POWER CO.
70.75
-2.35
-3.21
-636
ACC
1553.80
-17.80
-1.13
-334
GRASIM INDS
4270.00
-29.70
-0.69
-277
Latest price at 09:24 AM; Change, % change over previous close