Investor wealth declined by Rs 4.46 lakh crore on Friday as the BSE Sensex dropped 885.60 points (1.08%) to close at 80,981.95. The market saw 25 of its 30 components decline. Of 4,033 stocks traded, 2,311 fell, 1,616 rose, and 106 remained unchanged. BSE market capitalization fell to Rs 4,57,16,946.13 crore. Weak global markets and concerns about US economic slowdown and persistent inflation drove the decline. Next week, investors will watch the RBI’s monetary policy and its impact on market sentiment. This drop signals caution for market investors.
