Nifty falls under 22,750 and the Sensex plummets by over 500 points: Loss of Rs 1.3L cr in investor wealth
In Wednesday's late-morning trading, domestic stocks suffered a significant decline led by stocks in the banking, automotive, and IT industries. The larger NSE Nifty index down 168 points, or 0.73 percent, to 22,721 levels, while the 30-share BSE Sensex pack fell 530 points, or 0.71 percent, to trade at 74,640. A little over Rs 1.3 lakh crore of the BSE market capitalization (m-cap) was lost as a result of the sharp decline in local bourses.
![Nifty falls under 22,750 and the Sensex plummets by over 500 points: Loss of Rs 1.3L cr in investor wealth](https://globalchroniclenews.com/uploads/images/202405/image_750x_6656bdd7cfe0c.jpg)
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