It turned out to be terrible Tuesday! It was a roller coaster ride for investors as Nifty, which started trading with a gap on the upside, failed to hold onto the gains and closed the day with losses of over 100 points while Sensex plunged more than 300 points.

Investors lost more than Rs 1 lakh crore in terms of market capitalisation in a single session. The average market capitalisation of BSE listed companies fell from Rs 150.37 lakh crore on May 6, to Rs 149.11 lakh crore on May 7 which translates into a fall of Rs 1.26 lakh crore.