The benchmark Nifty index shot up 1.76% and investors turned richer by ₹7 trillion on Friday as institutions scooped up cash shares and derivatives, backed by retail participation through mutual funds. Market veterans were puzzled by the surge, which follows the surprise tax hikes in the Union budget and weak […]
Market Capitalization
French stocks lost roughly $200 billion in market capitalization — or about the size of Greece’s economy — this week following President Emmanuel Macron’s decision to call a snap election. The CAC 40 Index has now erased all gains for 2024. That’s weighed on the pan-European Stoxx 600 benchmark, which […]
French stocks this week lost roughly $220 billion in market capitalization, about the size of Greece’s economy, following President Emmanuel Macron’s decision to call a snap election. The CAC 40 index dropped 3%, erasing all gains for 2024. That’s weighed on the pan-European Stoxx 600 benchmark, which is set for […]
French stocks lost about $210 billion in market capitalization this week, about the size of Greece’s economy, following President Emmanuel Macron’s decision to call a snap election. The CAC 40 index erased all gains for 2024. That’s weighed on the pan-European Stoxx 600 benchmark, which had its worst week since […]
Eight of the top-10 most valued firms’ combined market valuation plunged by ₹2,08,207.93 crore last week, with bellwether Reliance Industries, TCS and Infosys taking the biggest hit, reported news agency PTI on 2 May. Along with RIL, TCS and Infosys, other firms whose m-cap declined include ITC, Life Insurance Corporation […]