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Wednesday, March 13, 2024

Sensex plunges, investors lose Rs 14 lakh crore

Wednesday was the worst day for Dalal Street investors since Covid in terms of wealth erosion. The day's selloff erased Rs 13.9 lakh crore worth of investors' wealth in terms of loss in BSE's market capitalisation that was just a tad lower than the Rs 14.2 lakh crore, the biggest loss ever.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/pPIXZHB

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US Federal Reserve meet today: Kevin Warsh-led FOMC keeps interest rates unchanged

The US Federal Reserve, which began its two-day policy meeting on Tuesday, was widely expected to leave its benchmark interest rate unchange...