.
New Delhi, April 18 (MondayMirror.com) Equity investors have shedded around Rs 2.5 trillion on Monday as the benchmark indices took a deep dive.
All India market capitalisation of BSE-listed companies are currently at 2,69,58,392 crore, against 27,212,168 crore on April 13. Equity markets were closed on Thursday and Friday on account of Dr. Baba Saheb Ambedkar Jayanti/Mahavir Jayanti and Good Friday, respectively.
Continuing its downtrend from the morning session, benchmark Sensex and Nifty indices plunged around 2 per cent each at the writing of this report.
A rise in inflation as well as a fresh spike in global crude oil prices seemed to have dented investors’ sentiment.
Consumer Price Index or retail inflation rose steeply in March to 6.95 per cent, which was above Reserve Bank of India’s upper tolerance band of 6 per cent for three consecutive months.
Also, earnings of HDFC Bank and Infosys for Q4 coming short of market expectations hurted investor confidence, said analysts.
Shares of these major Indian companies declined 5 per cent and 7 per cent, respectively, on Monday, exchange data showed.
Source: IANS
Celebrity weddings in India are no longer just private celebrations between two individuals. Over the…
For decades, Bollywood operated on a simple formula: cast a major superstar, launch an aggressive…
The Bollywood industry in 2026 is witnessing a clear trend: sequels are everywhere. From highly…
Nineteen-year-old actor, film director & author - Nikasha Luthra, has announced the unveiling of her…
The Indian entertainment industry is currently witnessing one of its most significant discussions in recent…
The entertainment industry has undergone a dramatic transformation over the past few years, and one…