Equity investors poorer by Rs 7.15 lakh cr in morning trade as markets slump

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New Delhi, Oct 25 (PTI) Investors wealth eroded by a whopping Rs 7.15 lakh crore during the morning trade on Friday as equity markets tumbled, driven by sharp fall in IndusInd Bank shares and unabated foreign fund outflows...

Tracking the weak trend in equities, the market capitalisation of BSE-listed firms tumbled Rs 7,15,739.19 crore to Rs 4,36,63,565.73 crore (USD 5.19 trillion) during the morning trade...

From the 30 Sensex pack, IndusInd Bank plunged over 19 per cent after the firm reported a 40 per cent decline in September quarter net profit at Rs 1,331 crore, pulled down majorly by concerns about asset quality...

From the blue-chip pack, ITC jumped over 3 per cent after the diversified entity reported an 1.8 per cent increase in its consolidated net profit to Rs 5,054.43 crore in the second quarter ended September 2024..

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 5,062.45 crore on Thursday, according to exchange data, while Domestic Institutional Investors (DIIs) bought Rs 3,620.47 crore shares...

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