<p>New Delhi: Investors' wealth plummeted by Rs 4.12 lakh crore during the morning trade on Friday as markets faced a massive correction tracking a weak trend in global peers and fresh foreign fund outflows.</p>.<p>Falling for the third day running, the 30-share BSE Sensex tanked 896.7 points or 1.09 per cent to 81,304.46 during the morning trade.</p>.<p>The BSE benchmark had hit its all-time high of 82,725.28 on Monday.</p>.<p>Following the weak trend in equities, the market capitalisation of BSE-listed firms slumped Rs 4,12,152.83 crore to Rs 4,61,56,748.42 crore (USD 5.50 trillion) during the morning trade.</p>.Average household spending on food falls to less than half since 1947: Paper by Economic Advisory Council to PM .<p>Among the 30 Sensex firms, State Bank of India, HCL Technologies, Reliance Industries, Adani Ports, Larsen & Toubro and Mahindra & Mahindra were the biggest laggards.</p>.<p>Bajaj Finance, Asian Paints and Hindustan Unilever were the gainers.</p>.<p>In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower.</p>.<p>The US markets ended mostly in the negative territory on Thursday.</p>.<p>Foreign Institutional Investors (FIIs) offloaded equities worth Rs 688.69 crore on Thursday after days of remaining buyers, according to exchange data.</p>.<p>Meanwhile, global oil benchmark Brent crude traded 0.15 per cent higher to $72.81 a barrel.</p>.<p>"The near-term trend in the market will be influenced by the US jobs data to be published tonight," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.</p>.<p>The BSE benchmark on Thursday failed to hold on to initial gains and declined 151.48 points or 0.18 per cent to settle at 82,201.16. </p>
<p>New Delhi: Investors' wealth plummeted by Rs 4.12 lakh crore during the morning trade on Friday as markets faced a massive correction tracking a weak trend in global peers and fresh foreign fund outflows.</p>.<p>Falling for the third day running, the 30-share BSE Sensex tanked 896.7 points or 1.09 per cent to 81,304.46 during the morning trade.</p>.<p>The BSE benchmark had hit its all-time high of 82,725.28 on Monday.</p>.<p>Following the weak trend in equities, the market capitalisation of BSE-listed firms slumped Rs 4,12,152.83 crore to Rs 4,61,56,748.42 crore (USD 5.50 trillion) during the morning trade.</p>.Average household spending on food falls to less than half since 1947: Paper by Economic Advisory Council to PM .<p>Among the 30 Sensex firms, State Bank of India, HCL Technologies, Reliance Industries, Adani Ports, Larsen & Toubro and Mahindra & Mahindra were the biggest laggards.</p>.<p>Bajaj Finance, Asian Paints and Hindustan Unilever were the gainers.</p>.<p>In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower.</p>.<p>The US markets ended mostly in the negative territory on Thursday.</p>.<p>Foreign Institutional Investors (FIIs) offloaded equities worth Rs 688.69 crore on Thursday after days of remaining buyers, according to exchange data.</p>.<p>Meanwhile, global oil benchmark Brent crude traded 0.15 per cent higher to $72.81 a barrel.</p>.<p>"The near-term trend in the market will be influenced by the US jobs data to be published tonight," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.</p>.<p>The BSE benchmark on Thursday failed to hold on to initial gains and declined 151.48 points or 0.18 per cent to settle at 82,201.16. </p>