Heavy Selling Wipes Rs 3.12 Lakh Cr Off Top 10 Indian Stocks
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Nine out of the ten largest Indian companies by market capitalization experienced a combined erosion of Rs 3.12 lakh crore last week. The market decline was fueled by a mix of domestic offloading and international economic pressures. While the Sensex and Nifty closed significantly lower, Bharti Airtel stood out as the sole gainer with a market cap increase of Rs 42,470 crore. Major losers included State Bank of India, TCS, and Bajaj Finance, with HDFC Bank and ICICI Bank also recording notable value drops. Market participants will likely focus on FII flows and crude oil prices in the coming sessions.
