The sharp plunge in the stock market eroded nearly Rs 4 lakh crore worth investor wealth in a span of just five minutes. All sectoral indices led by realty, IT, metal and banking, were showing in red with the fall up to 3.66 per cent.
Top Losers: SBI, Tata Steel, Infosys, Axis Bank, Bharti Airtel, Yes Bank, Maruti Suzuki, HUL, TCS, HDFC, ICICI Bank, Adani Ports, Wipro, Tata Motors, ITC, Coal India, Bajaj Auto, L&T, Sun Pharma IndusInd Bank and M&M were among the top losers, dropping up to 3.99 per cent.
Earlier on Wednesday, the 30-share index rose over 461.42 points to close at 34,760.89. The Nifty maintained the opening gains to close at 10,460.10 - a sharp 159.05 points surge.
Meanwhile, the Rupee today also hit a record lifetime low of 74.45 against the US dollar at the Interbank Foreign Exchange (forex) market amid sharp losses in the domestic equity market.
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