Stock Market Plunges: ₹93,000 Crore Investor Wealth Wiped Out Amid Volatility

• Indian equity benchmarks Sensex and Nifty 50 closed in the red, wiping out ₹93.4 thousand crore of investor wealth.
• Sensex fell 995 points from its intra-day high, closing down 250.48 points (0.30%) at 83,627.69.
• Nifty 50 slipped to near 25600, closing down 57.95 points (0.22%) at 25,732.30.
• Market volatility was attributed to Nifty's weekly expiry and the early shift of Sensex's weekly expiry due to Makar Sankranti.
• Only 10 out of 30 Sensex shares closed in the green, with Eternal, ICICI Bank, and Tech Mahindra seeing gains.

Why It Matters: Indian stock market saw significant losses, with investor wealth decreasing by ₹93.4 thousand crore.