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9 top Indian firms lose ₹4.74 lakh crore in market valuation due to weak equity trends and Middle East tensions.
Last week, nine of India's top ten valued firms lost a combined ₹4.74 lakh crore in market valuation, primarily due to weak equity trends and escalating tensions in the Middle East.
Reliance Industries and HDFC Bank faced the largest declines, losing ₹1.88 lakh crore and ₹72,919.58 crore, respectively.
The BSE benchmark index fell by 4.53%, translating to a drop of 3,883.4 points, amid foreign fund outflows.
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9 principales empresas indias pierden 4,74 lakh crore en la valoración del mercado debido a las débiles tendencias de las acciones y las tensiones en Oriente Medio.