Markets crash amid global meltdown; investors lose Rs 4.23 lakh crore

The sensex dived 812 points while the Nifty closed below the 11,300-mark on Monday, in tandem with a global selloff after a resurgence of coronavirus cases in Europe stoked fears of another round of lockdowns. The market capitalisation of all BSE-listed companies fell to Rs 1,54,76,979.16 crore, wiping off Rs 4.23 lakh crore of investor wealth.