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Monday tumble! Stock market crash wipes out over Rs 1 lakh crore of investor wealth

Sensex, Nifty today: Investor wealth eroded by over Rs 1 lakh crore Monday following a weak broader market where the BSE benchmark index tumbled more than 505 points to slip below the 38,000 mark. Following the sharp fall in stocks, the market capitalisation (m-cap) of BSE-listed companies dropped by Rs 1,14,676.15 crore to Rs 1,55,22,343 crore.