Sensex drops 534 points as investors lose ₹3 lakh crore
pre-market1 source ↓written by the desknot a recommendation
- to close
- 84,679.86
- 0.64
- 25,860.10
- as market capitalisation
- ₹3 lakh crore
- capitalisation dropped
- ₹467.6 lakh crore
- and foreign capital
- 91 against the US dollar
The Indian stock market faced a sharp decline on 16 Dec, with the Sensex losing 534 points (0.63%) to close at 84,679.86. The Nifty 50 fell 167 points (0.64%) to 25,860.10. Investors lost over ₹3 lakh crore as market capitalisation dropped to ₹467.6 lakh crore. The weak rupee at 91 against the US dollar and foreign capital outflows contributed to the downturn.
Not investment advice. For informational purposes only.