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Dalal Street ended the week in red, dragging down the valuations of several heavyweight companies, erasing more than Rs 2 lakh crore from seven of India’s ten most-valued firms. Tata Consultancy Services and Reliance Industries accounted for the largest share of this decline as the broader market remained under pressure.The slide in stock prices mirrored…
Last week’s bloodbath at the Dalal Street erroded the market capitalisation of five of the top-10 most-valued firms by over Rs 1 lakh crore. The broader equity benchmarks also ended on a muted note. The BSE Sensex slipped by 30.96 points, or 0.04%, while the NSE Nifty declined 36.6 points, or 0.15%, reflecting a largely…
Dalal Street ended last week in red with eight of India’s ten most valuable companies together losing Rs 2,81,581.53 crore in market value. State Bank of India emerged as the biggest laggard during the period. The broader market also saw heavy selling pressure. The BSE benchmark index dropped 2,368.29 points, or 2.91%, over the week….
