A meltdown in the stock market has wiped off over Rs 2.5 lakh crore (Rs 2.5 trillion) from investors' wealth.
The total investor wealth, measured in terms of cumulative value of all listed shares, fell by about Rs 1,22,000 crore (Rs 1,220 billion) on Friday, when the market benchmark Sensex fell by 297.50 points to its lowest level in over 18 months. The shares of RIL on Friday fell by 4.6 per cent, while losses were even higher for Tata Steel, DLF and Jaiprakash Associates. Coal India, SBI, Tata Power, Hindalco, Maruti, ITC, Wipro, Sterlite Industries, NTPC and Tata Motors also recorded losses of 2-4 per cent.

Source - Rediff.com