BSE tanks by 970 pts on weakening Re

As the market rout continued for the third straight session on Wednesday, investor wealth eroded by Rs 3.62 lakh crore in three trading days.
Market benchmark BSE Sensex fell further by 169.45 points to end at a near two-month low of 37,121.22, extending losses for the third straight session Wednesday. The index tanked 970 points or more than 2.5 per cent since Monday, largely hit by rupee woes and escalating trade tensions between the US and China.
Led by losses in stocks, the market capitalisation of BSE listed companies eroded by Rs 3,62,357.15 crore to Rs 1,52,73,265 crore since Friday.


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