MCX shares plummeted 10% as gold and silver prices crashed 6% each, extending Friday’s worst-ever selloff. Profit-taking and a strengthening US dollar drove the correction. The exchange will hold a special Sunday trading session for the Union Budget 2026 presentation.
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