Market recap: Top 10 firms bleed Rs 3.12 lakh crore in market cap; Reliance biggest loser

Market recap: Top 10 firms bleed Rs 3.12 lakh crore in market cap; Reliance biggest loser

Last week, the combined market capitalisation of nine of the top 10 most valued firms fell by Rs 3.12 lakh crore, with Reliance Industries registering the sharpest decline.Broader market sentiments also remained weak with the 30-share BSE Sensex dropping 2,090.2 points, or 2.7%, while the 50-share NSE Nifty slipped 532.65 points, or 2.2%.“Markets ended the…

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Market sell-off: 7 of top-10 firms lose Rs 3.63 lakh crore in a week; Reliance, HDFC Bank biggest drags – The Times of India

Market sell-off: 7 of top-10 firms lose Rs 3.63 lakh crore in a week; Reliance, HDFC Bank biggest drags – The Times of India

The combined market capitalisation of seven of India’s 10 most valued companies fell by Rs 3,63,412.18 crore last week, with Reliance Industries emerging as the biggest laggard amid a broader sell-off in equities, PTI reported.The benchmark BSE Sensex declined 2,185.77 points, or 2.54 per cent, during the week, reflecting weak investor sentiment.“Indian equity markets ended…

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