Seven of top 10 companies lose over Rs 1 trillion in market capitalisation
NEW DELHI: Seven of the 10 most valued domestic companies witnessed a combined erosion of Rs 1,07,566.64 crore from their market valuation last week, with Reliance Industries accounting for around half of the losses. Last week, the 30-share BSE benchmark Sensex declined 849.74 points or 1.70 per cent. Only Tata Consultancy Services (TCS), Hindustan Unilever […]
Market capitalisation of seven of top-10 most valuable firms jump over Rs 1.40 lakh crore
NEW DELHI: Seven of the top-10 most valuable companies together added Rs 1,40,430.45 crore in market capitalisation last week, in line with a bullish broader market trend with Reliance Industries emerging as the biggest gainer. During the week, the BSE benchmark surged 812.67 points or 1.60 per cent. The companies that witnessed gain in their […]
Stock market crash erodes over Rs 3 lakh crore from investor wealth
MUMBAI: As the BSE benchmark index plummeted over 1,000 points during the morning trade Thursday, investor wealth got eroded by over Rs 3 lakh crore. The BSE benchmark Sensex Thursday crashed over 1,000 points to slip below the key 34,000-mark in early trade, tracking a global sell-off. Led by the sharp carnage in equities, the […]