Nifty has seen a rally of 15% from mid-June low of 15,183 to this week’s high of 17,490 in the last 7 weeks. It has reached key resistance and retracement level in the region of 17,400-17,490 and is facing resistance.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,