Stock market ends lower amid selling in select heavyweights
At the close, the Sensex was 142 points, or 0.19%, lower at 75,867.80, while the Nifty 50 settled with a nominal loss of 7 points, or 0.03%, at 23,907.15.
At the close, the Sensex was 142 points, or 0.19%, lower at 75,867.80, while the Nifty 50 settled with a nominal loss of 7 points, or 0.03%, at 23,907.15.
The combined market valuation of four of the top-10 most valued firms surged by Rs 2.20 lakh crore last week.
The combined market valuation of the top 10 domestic firms eroded sharply by Rs 4.48 lakh crore last week. Major banks, including the State Bank of India and HDFC Bank, took the biggest hit.
Last week, the combined market valuation of eight of the top-10 most-valued firms eroded by Rs 2,81,581.53 crore.
At close, the Sensex was down 1,097 points or 1.37% at 78,918.90, and the Nifty was down 315.45 points or 1.27% at 24,450.45.
At close, the Sensex was up 301.93 points or 0.36% at 83,878.17, and the Nifty was up 106.95 points or 0.42% at 25,790.25.
The combined market capitalisation of seven of the top-10 most-valued firms surged by Rs 1,23,724.19 crore last week.
The combined market valuation of seven of the top-10 most valued firms climbed Rs 96,200.95 crore last week.
The bank continues to maintain contingency provisions of ₹13,100 crore, equivalent to around 0.9% of total advances, as a prudent buffer.
Seven of the top-10 most valued firms climbed Rs 74,573.63 crore last week, with HDFC Bank emerging as the biggest gainer in line with a positive trend in equities.
