Investors lose over Rs 3 lakh crore as Sensex tanks nearly 1,000 points

 

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai (pic: Reuters)

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