India, July 31 -- The investors lost over Rs.5 lakh crore in 15 minutes on Thursday as the market opened in red, seeing a sharp plunge following the US tariff announcement.

The total market capitalisation (m-cap) of BSE-listed companies fell by around Rs.5.5 lakh crore to Rs.453.3 lakh crore in the morning trade, The Economic Times reported.

All the sectors in the Indian benchmark indices remained in red as oil stocks were worst hit.

The Sensex witnessed a drop of over 500 points, while Nifty 50 shredded around 150 points.

Published by HT Digital Content Services with permission from Hindustan Times....