This time as October kicks in, the mood is jittery as the continued sell-off in the US market, higher interest rates and strengthening dollar are keeping investors on the edge. What is adding to the nervousness is growing speculation about stresses at European banks including Credit Suisse whose share price has collapsed in recent months.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,