“Now, it has to be above 17,500 zones for an up move towards 17,777 and 17,850 zones, whereas supports are placed at 17,442 and 17,350 zones,” said Chandan Taparia of Motilal Oswal.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj