Wall Street’s main indexes closed higher on Tuesday, led by gains in megacap and growth stocks, marking the start of the Santa Claus rally. All 11 sectors in the S&P 500 ended positively, with technology and consumer discretionary stocks leading the way. Broadcom and Nvidia also saw gains.
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