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The Indian equity market experienced a massive selloff as the BSE Sensex plummeted by more than fifteen hundred points within just four trading days This downward trend resulted in a loss of over seven lakh crore rupees for investors who watched their wealth vanish during this period The decline has been attributed to weak global cues and sustained selling pressure from foreign institutional investors who are pulling capital out of emerging markets Total market capitalization for companies listed on the Bombay Stock Exchange saw a significant drop reflecting the fear and volatility currently surrounding the financial markets On the final day of the week the Sensex continued its struggle unable to maintain stable levels and eventually closing with heavy losses across multiple sectors Financial and banking stocks were the primary laggards contributing significantly to the overall dip in the index Experts believe that the market is currently in a correction phase where investors are becoming cautious due to changing economic conditions and rising interest rates globally Retail investors are being advised to remain patient and look for long term opportunities rather than panicking during this sharp decline This crash has marked one of the toughest weeks for the domestic market in recent times as trillions of rupees were wiped out from the balance sheets of listed firms
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