Over the five trading sessions ending August 21, the Sensex benchmark declined 0.60%, or 468 points, to close at 77,541. The index ended lower in three of the five sessions between August 17 and August 21. Despite the market weakness, 13 stocks from the BSE SmallCap index recorded gains in all five sessions, cumulatively gaining up to 40% over the last five trading sessions. (Data Source: ACE Equity)
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