<p id="thickbox_headline">Investors' wealth tumbled over Rs 5.91 lakh crore in morning trade on Monday tracking heavy decline in equities amid intensifying conflict between Russia and Ukraine.</p>.<p>Continuing its decline for the fourth day on Monday, the BSE gauge plummeted 1,735.98 points or 3.19 per cent to 52,597.83, tracking weak global equities and elevated crude oil prices.</p>.<p>In tandem with the heavy plunge in equities, the market capitalisation of BSE-listed companies plunged by Rs 5,91,094.71 crore to Rs 2,40,88,326.67 crore in morning deals.</p>.<p>Maruti Suzuki India, Indusind Bank, State Bank of India and Axis Bank emerged as the biggest drag from the 30-share BSE Sensex pack, tanking up to 6.72 per cent.</p>.<p>"The extraordinary uncertainty triggered by the war has pushed commodity markets into turmoil. Crude at $128 is a big shock. This can impact global growth and aggravate inflationary pressures. Market is slipping into bearish territory," according to V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.</p>.<p>International oil benchmark Brent crude surged 8.84 per cent to $128.6 a barrel.</p>.<p>Foreign institutional investors continued their selling spree in Indian markets as they offloaded shares worth Rs 7,631.02 crore on a net basis on Friday, according to exchange data. </p>.<p><strong>Watch the latest DH videos:</strong></p>
<p id="thickbox_headline">Investors' wealth tumbled over Rs 5.91 lakh crore in morning trade on Monday tracking heavy decline in equities amid intensifying conflict between Russia and Ukraine.</p>.<p>Continuing its decline for the fourth day on Monday, the BSE gauge plummeted 1,735.98 points or 3.19 per cent to 52,597.83, tracking weak global equities and elevated crude oil prices.</p>.<p>In tandem with the heavy plunge in equities, the market capitalisation of BSE-listed companies plunged by Rs 5,91,094.71 crore to Rs 2,40,88,326.67 crore in morning deals.</p>.<p>Maruti Suzuki India, Indusind Bank, State Bank of India and Axis Bank emerged as the biggest drag from the 30-share BSE Sensex pack, tanking up to 6.72 per cent.</p>.<p>"The extraordinary uncertainty triggered by the war has pushed commodity markets into turmoil. Crude at $128 is a big shock. This can impact global growth and aggravate inflationary pressures. Market is slipping into bearish territory," according to V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.</p>.<p>International oil benchmark Brent crude surged 8.84 per cent to $128.6 a barrel.</p>.<p>Foreign institutional investors continued their selling spree in Indian markets as they offloaded shares worth Rs 7,631.02 crore on a net basis on Friday, according to exchange data. </p>.<p><strong>Watch the latest DH videos:</strong></p>