Gold and silver ETFs experienced a significant crash, losing up to 20%, before partially recovering by mid-trade. This sharp sell-off followed a steep correction in bullion prices from record highs, driven by profit-booking and unwinding of leveraged positions. Dollar strength and global cues also weighed on bullion prices.
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