D-Street bleeds! Market value of all BSE-listed firms falls below Rs 450 lakh crore for first time since April. More pain ahead?

The market capitalisation of BSE-listed companies fell below Rs 450 lakh crore for the first time since April, with Sensex and Nifty extending losses for a fourth straight session. Nearly Rs 25 lakh crore has been wiped out this week, due to soaring crude prices and rising bond yields.