US Presidential poll: Rs 5 lakh crore wiped off in market mayhem post Donald Trump lead over Hillary Clinton

The surprise US poll results wiped off around Rs 5 lakh crore from the market value of BSE listed firms on Wednesday.

The Rs 111 lakh crore market capitalisation in early trade took a hit as Trump inched closer to a victory against his rival Hillary Clinton in the US Presidential poll.

ALSO READ: Sensex falls 1,600 points as Donald Trump gains ground in US Presidential poll

Stocks across sectors went into a tailspin with all Sensex components trading in the red.

The surprise US poll results wiped off around Rs 5 lakh crore from the market value of BSE listed firms on Wednesday.

The Rs 111 lakh crore market capitalisation in early trade took a hit as Trump inched closer to a victory against his rival Hillary Clinton in the US Presidential poll.

At 11:40 am, the market cap stood at Rs 106 lakh crore, a loss of Rs 5 lakh crore.

ALSO READ: Sensex falls 1,600 points as Donald Trump gains ground in US Presidential poll

Stocks across sectors went into a tailspin with all Sensex components trading in the red.

Market volatility also rose with NSE VIX rising 19.29 per cent.

India VIX is a volatility index based on the index option prices of NSE's benchmark index Nifty.

The index signals market expectation of 30-day volatility. The index is constructed using the implied volatilities of a wide range of S&P 500 index options.