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.
The combined market valuation of the top-10 most valued firms eroded by Rs 2,99,661.36 crore last week, in line with a bearish trend in equities. Tata Consultancy Services (TCS) recorded the sharpest drop among them.
The combined market valuation of eight of the top-10 most valued firms jumped by Rs 1,69,506.83 crore last week. Bajaj Finance emerged as the biggest gainer.
These two MoUs comprise one with Pfizer Limited and another with ICICI Bank.
The combined market valuation of eight of the top 10 most valued firms jumped Rs 1,72,148.89 crore last week.
In a holiday-shortened last week, the combined market valuation of five of the top 10 most valued firms increased by Rs 60,675.94 crore. State Bank of India and HDFC Bank emerged as the lead gainers in line with a positive trend in equities.
