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of <h1>Massive Market Selloff Wipes Out Rs 5.64 Lakh Crore in Investor Wealth Amid Global Economic Turbulence</h1> Investors experienced a significant wealth erosion of Rs 5.64 lakh crore as markets sharply declined on Tuesday. The benchmark Sensex tumbled 873 points, driven by declines in major stocks. The market downturn was attributed to global uncertainties, Moody's US credit rating downgrade, and foreign institutional investors turning net sellers. Sectors across the board closed lower, with auto and consumer discretionary segments experiencing substantial drops.
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