The Sensex dropped 1,628.01 points, or 2.23%, to close at 71,500.76. The Nifty declined 460.35 points, or 2.09%, to close at 21,571.95. The previous biggest fall in a day was in June 2022. The selloff resulted in India’s market capitalisation eroding by ₹3.98 lakh crore on Wednesday to ₹370.36 lakh crore.
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