Wealth Destroyers: 8 Nifty stocks wipe out Rs 13 lakh crore in eight months
Amid the correction seen in the index, some of its constituents have also seen a 6-41 per cent fall in their values. As many as eight index stocks have cumulatively wiped out Rs 12.76 lakh crore of investor wealth. The majority of these index stocks are from technology, financial or banking sectors, and have the biggest weights in the index. Each of these constituents has eroded more than Rs 1 lakh crore each, since October 19.