Mumbai, June 13: The market cap of BSE-listed firms fell to Rs 245.33 lakh crore today against Rs 251.81 lakh crore market cap in the previous session, translating into a loss of Rs 6.48 lakh crore.
The Indian market started the week on a negative note today as US inflation in May spooked global markets. Sensex crashed 1,456 points to 52,846 and Nifty declined 427 points to 15,774 in the first trading session of this week.
The 30-stock index tanked 1,569 points intraday to 52,734 today against the previous close of 54,303. Nifty fell up to 452 points to 15,749 against Friday’s close of 16,201.
Bajaj twins, IndusInd Bank, Tech Mahindra and ICICI Bank were the top Sensex losers, falling up to 7.02 per cent today. Nestle was the sole Sensex gainer, rising 0.46 per cent .
With today’s crash, Sensex is down 9.28 per cent or 5,407 points and Nifty has slumped 1,579 points or 9.10 per cent in 2022. On the other hand, Sensex has gained 0.71 per cent or 371 points and Nifty has lost 0.16 percent or 25 points in a year.
BSE midcap and small cap indices slipped 613 points and 814 points, respectively.
Banking stocks were the top losers with the BSE bankex ending 1,241 pts lower at 38,494. IT, capital goods and consumer durables indices fell 1,156, 745 and 743 points, respectively. Bank Nifty crashed 1,078 points to 33,405.
