Equity investors poorer by Rs 4.4 lakh crore

New Delhi: Investor wealth eroded by Rs 4.46 lakh crore in a single day on Friday with the benchmark BSE Sensex tanking more than 1 per cent in line with global stocks rout.

The 30-share BSE Sensex plunged 885.60 points or 1.08 per cent to close at 80,981.95 with 25 of its components declining and five ending with gains.

During the day, it nosedived 998.64 points or 1.21 per cent to hit an intra-day low of 80,868.91. Of the total 4,033 stocks traded, 2,311 scrips declined, 1,616 advanced and 106 remain unchanged, reflecting overall weakness in the broader market. (PTI)