M-cap of nine of top 10 most valued firms erodes by over Rs 2.6 trillion
NEW DELHI: The market valuation of nine of the top-10 most valued companies eroded by Rs 2.62 trillion last week in tandem with an overall weak broader market, where Bajaj Finance and Reliance Industries took the biggest hit. During the last week, the Sensex plunged by 2,528.86 points or 4.24 per cent. Bharti Airtel was […]
Investors’ wealth tumble over Rs 4.48 lakh crore as markets plummet
NEW DELHI: Investors’ wealth tumbled Rs 4.48 lakh crore during day trade on Friday with the BSE benchmark plummeting 1,488 points tracking weak global trends. The 30-share benchmark index tumbled 1,488.01 points during the day to 57,307.08. The market capitalization of BSE-listed tanked Rs 4,48,223.31 crore to Rs 2,61,18,730.57 crore during the day. “Equity markets […]