Investor’s wealth fell more than Rs 5.59 lakh Crore in three days of falling market when sentiment remained muted amid Russian-Ukrainian conflict and its impact on the global economy.

Continuing the decline for the third day on Friday, the BSE gauge dropped 1,214.96 points or 2.20 percent to 53,887.72 during the day.

It settled at 54,333.81, a decrease of 768.87 points or 1.40 percent.

In three days, the benchmark index scored 1,913.47 points or 3.40 percent.

Tracking a decline in equity, market capitalization of companies registered in BSE drop Rs 5,59,623.71 Crore to Rs 2,46,79,421.38 Crore in three days.

“The market ended a week with sharp cuts, reflecting weak global sentiment. After sharp reactions in the initial trade, oscillating benchmarks in a wider range to finally settle around the low day,” Ajit Mishra, Vice President (Research) Religare Broking Ltd, said .

In Friday trading, Titan, Maruti Suzuki India, Paint Asia, Mahindra & Mahindra and Hindustan Unilever Limited are the biggest obstacles in Sensex, falls up to 5.05 percent.

In a wider market, the BSE MIDCAP and ScatCap index also faced heavy sales, fell up to 2.36 percent.

All BSE sectoral indices are also completed with deep cuts, with goods and services automatically, metal, consumers, consumer durability and realty taking the biggest hit, tanking up to 3.40 percent.

In the previous session, the BSE 30-Share index was completed 366.22 points or 0.66 percent lower at 55,102.68.