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Indian top 10 firms lost $55 billion in value last week due to rising oil prices and Middle East tensions, sparking market declines.
India's top 10 companies lost ₹4.48 lakh crore in market value last week as rising crude oil prices and escalating conflict in West Asia triggered a sell-off, driving the BSE Sensex down 5.51% and NSE Nifty 5.31%.
State Bank of India and HDFC Bank were the hardest hit, with significant declines in market capitalization, while other major firms including ICICI Bank, Bharti Airtel, and Tata Consultancy Services also saw sharp losses amid growing investor concerns over inflation and global economic stability.
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Las 10 principales firmas indias perdieron $ 55 mil millones en valor la semana pasada debido al aumento de los precios del petróleo y las tensiones en Medio Oriente, lo que provocó caídas en el mercado.