A surge in crude oil prices can contribute to inflationary pressures, prompting some investors to explore alternative assets like Bitcoin to preserve value. Conversely, the Federal Reserve’s decisions to raise interest rates can influence risk preferences and potentially induce certain investors to shift away from riskier assets, including cryptocurrencies.
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,
December 22, 2024