Stock market selloff wipes out ₹9 lakh crore, 200 stocks hit lows

The Indian stock market suffered a broad selloff on Tuesday, dragging the Sensex down by 778 points and the Nifty 50 by 280 points.

The market capitalization of BSE-listed firms dropped from ₹481.6 lakh crore to ₹472.4 lakh crore, erasing over ₹9 lakh crore in a single session.

More than 200 stocks, including Reliance Industries and Bank of Baroda, hit their 52-week lows during the across-the-board correction.