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Corona virus awe Networth of 500 rich around the world decreased by Rs 32 lakh crore in five days, more than the general budget of India
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Corona virus awe / Networth of 500 rich around the world decreased by Rs 32 lakh crore in five days, more than the general budget of India

new Delhi. After China, the corona virus spread in more than half the world, is also being hit on the rich around the world. In fact, due to the Corona virus, there is a historical decline in the stock markets all over the world. Due to this, the rich around the world have also reduced their net worth. According to the Bloomberg Billionaires Index, the net worth of the world’s 500 richest people decreased by $ 444 billion, or about 32 lakh crore, in the last five business days of the week.

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₹5 lakh crore investor wealth gone in minutes as Sensex plunges 1,100 points
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Investors loose 5 lack crore in minutes as Sensex plunges 1100 points

Indian stock markets plunged today, tracking a collapse in global equities amid mounting concerns about the impact of coronavirus on global economy. The Sensex fell over 1,100 points to 38,601, extending the selloff to the sixth day and wiping out investor wealth of about ₹5 lakh crore in minutes. In the past five sessions, the Sensex had plunged over 1,550 points amid a global rout. The broader Nifty breached 11,300 level today. Global markets are on track for the worst week since the global financial crisis in 2008 as virus-related disruptions to international travel and supply chains fuelled fears of recession in the US and the Euro Zone.

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