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Stock Market

Stock Market Crash: Rising tensions at the LOC wipes out ₹10 lakh crore in investor wealth

Indian equity markets are witnessing a sharp sell-off on Friday, April 25, owing to the rising geopolitical tensions between India and Pakistan.The resultant sell-off has led to a wipe out of ₹10 lakh crore in the combined market capitalisation of all BSE-listed companies, within the first two hours of trade. Barring the Nifty IT, all other sectoral indices are trading with losses. The Nifty Media and Nifty Realty indices are down over 3% in today's trade. The PSU Bank Index, Nifty Energy, Pharma, Metal and Auto indices are also down...