Indian Stock Markets Shed Rs 4.9 Lakh Crore in Market Cap Within an Hour

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Indian equity markets experienced a sharp selloff on Tuesday, wiping out approximately Rs 4.9 lakh crore in combined market capitalisation within the first hour of trading. By 10 am, the total market valuation had dropped to Rs 4,77,19,611 crore, reflecting the scale of the decline. The sudden crash was attributed to multiple factors weighing on investor sentiment. The steep fall highlights the fragility of market conditions amid prevailing economic and global uncertainties.

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