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India’s top firms lost $30 billion in value as markets tumbled due to global concerns and investor fear.
Nine of India’s top 10 most valuable companies lost ₹2.51 lakh crore in combined market value last week amid a sharp stock market sell-off, led by Reliance Industries’ ₹96,960 crore decline.
The BSE Sensex dropped 2,032.65 points, or 2.43%, as global economic concerns, foreign institutional investor outflows, a weakening rupee, and geopolitical tensions fueled investor caution.
While most major firms across banking, tech, and telecom sectors saw significant losses, Hindustan Unilever was the only one to gain, rising ₹12,311.86 crore.
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Las principales firmas de la India perdieron $ 30 mil millones en valor a medida que los mercados cayeron debido a las preocupaciones globales y el miedo de los inversores.