The combined market valuation of eight of the top-10 most valued firms surged by Rs 1,87,497.45 crore in a holiday-shortened last week, with Bharti Airtel emerging as the biggest gainer, in line with a positive trend in equities.
New closing auction triggers confusion, sparks late Nifty swings
Market participants faced confusion during the new auction system’s debut. Indices and stock values diverged significantly, catching traders by surprise. The new system determines closing