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These 10 Nifty stocks cost investors Rs 2.4 lakh crore in 7 days; do you have any of these?
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These 10 Nifty stocks cost investors Rs 2.4 lakh crore in 7 days; do you have any of these?
Feb 24, 2022 6:56 AM

Indian equity benchmarks nosedived on Thursday as heightened geopolitical uncertainty ran high on investors' minds globally after Russia announced a military operation in Ukraine. As the shockwaves of Russia-Ukraine newsflow reached Dalal Street, the Sensex and Nifty50 saw their steepest fall since May 2020. Both headline indices extended losses to the seventh day in a row.

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During this period, 10 worst performers on the Nifty50 benchmark burned Rs

2,42,564.6 crore of investors' cash, according to exchange data.

ALSO READ: Sensex, Nifty nosedive after Russia invades Ukraine; here's what else is hurting the bulls

Their cumulative market capitalisation — or market value — came down to Rs Rs 24,04,510.1 crore from Rs 21,61,945.5 crore.

Here's the list:

StockChange in market capitalisation since Feb 15 (in crore rupees)
Tata Consultancy Services (TCS)-1,53,677.1
JSW Steel-17,319.2
Adani Ports & SEZ-13,302
Grasim Industries-11,296.2
Divi's Labs-10,338.7
HDFC Life-8,091
Tata Motors-7,954.2
UPL-7,625.2
Bharat Petroleum-7,473.1
Hero MotoCorp-5,487.8

ALSO READ: Fear index India VIX hits highest level since June 2020

Overall, investors lost Rs 19.6 lakh crore in wealth in the seven-day period, as the market capitalisation (mcap) of BSE-listed companies came down to Rs 242.7 lakh crore, exchange data shows.

Catch latest stock market updates with CNBCTV18.com's blog

First Published:Feb 24, 2022 3:56 PM IST

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