Asian equities experienced a modest decline, mirroring Wall Street’s retreat from record highs due to concerns about an overheated market. Technology shares were among the decliners, with a US-listed Chinese shares index falling significantly. The yen also weakened against the dollar, influenced by a leadership change in Japan’s ruling party.
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