Sensex and Nifty lost 5 per cent in last one week alone (File Photo)
Share Market News | New Delhi: Last week was the worst week for Indian share investors in over two years. Sensex, BSE’s benchmark index, fell over 5 per cent. So did Nifty50, NSE’s benchmark index. The market valuation of the top-10 most valued firms plunged by a whopping Rs 3.91 lakh crore (nearly Rs 4 trillion) last week. TCS and Reliance Industries took the biggest hit. The market witnessed a steep sell-off by the investors.Also Read – Crypto Carnage: Investors Lose Millions As Bitcoin Falls Over 70 Per Cent From Peak In November 2021
Share Market Last Week
Markets have been extremely bearish of late amid rate hikes by global central banks, unrelenting foreign fund outflows and jump in crude oil prices. The market valuation of the 10 most valued domestic firms eroded by Rs 3,91,620.01 crore last week. Also Read – Indian Share Market Witnesses Worst Week In Over Two Years; Sensex, Nifty End Flat
Fall in m-cap: Full list here
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Topics:HDFC BankInfosysLICMarketsNiftySBISensexshare marketTCS
Published Date: June 19, 2022 11:56 AM IST
Markets have been extremely bearish of late amid rate hikes by global central banks, unrelenting foreign fund outflows and jump in crude oil prices. The market valuation of the 10 most valued domestic firms eroded by Rs 3,91,620.01 crore last week. Also Read – Indian Share Market Witnesses Worst Week In Over Two Years; Sensex, Nifty End Flat
