Sensex crashed The Indian stock market took another heavy hit on Thursday. The Sensex crashed more than 1,000 points by 2 pm, while the Nifty slipped below 22,300 as foreign investors continued to pull money out of Indian equities.
The total market capitalisation of BSE-listed companies fell from Rs 4,71,86,292 crore at the opening to Rs 4,62,71,545 crore by 1:45 pm — making the selloff sharp enough to wipe out around Rs 9 lakh crore in market capitalisation in a matter of hours.