Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Times of India
The Times of India
Business
PTI

Investor wealth tumbles Rs 6.27 lakh crore as markets face heavy drubbing after RBI surprise

RBI BSE MPC New Delhi

NEW DELHI: Investors became poorer by over Rs 6.27 lakh crore on Wednesday as markets crashed after the RBI hiked the policy rate by 40 bps in a surprise move.

The 30-share BSE benchmark Sensex tumbled 1,306.96 points or 2.29 per cent to settle at 55,669.03. During the day, it plummeted 1,474.39 points or 2.58 per cent to 55,501.60.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Woman orders white wine at NYC restaurant. Server brings it to her at room temp and allegedly says that’s how its supposed to be
Can white wine ever be served at room temperature?
We Got This Covered
We Got This Covered
McDonald’s is bringing back its cult-favorite sandwich, created by the chef behind Chicken McNuggets, but only for a limited time
Fast food fans rejoice! McDonald's is bringing back the beloved McRib sandwich on October 27 across various U.S. cities, including Los Angeles, Chicago, Miami, and Atlanta. Known for its tangy barbecue sauce and unique boneless pork patty, this classic has gained a loyal following since its 1981 debut. To find…
The Economic Times
The Economic Times
Why is Drew McIntyre still away from WWE? How Hollywood and Russell Crowe are shaping his next chapter
Drew McIntyre is prioritizing his Hollywood career over an immediate return to the wrestling ring, with acting projects including Highlander, The Last Druidand Agent of Shadowskeeping him busy. McIntyre has also revealed that Oscar-winning actor Russell Crowe has become a mentor to him, offering guidance as he explores opportunities in…
The Economic Times
The Economic Times
'He Can't Stand Being Alone': Fans Question Dan Reynolds' Sofía Vergara Sighting Weeks After Minka Kelly Split
Dan Reynolds and Sofía Vergara have sparked dating speculation after being photographed holding hands at dinner, weeks after Reynolds' separation from Minka Kelly became public.
International Business Times UK
International Business Times UK
Texas Roadhouse steak complaint: Illinois man warns customers after getting $20 steak instead of $30 filet mignon
An Illinois man named Kenneth Card claims Texas Roadhouse served him cheaper sirloin instead of the $30 filet mignon he ordered on three visits. An eight-ounce sirloin was listed at around $20, while the filet mignon cost approximately $30. A restaurant spokesperson confirmed that one mix-up had been corrected at…
The Economic Times
The Economic Times
Brad Pitt Reveals What Got Him Through His 'Darker Days' After Angelina Jolie Divorce Battle
Pitt and Jolie reached a divorce settlement in December 2024 after more than eight years of legal proceedings
International Business Times UK
International Business Times UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play