Top market movers: Eight of top-10 firms lose Rs 79,129 crore in value; Bajaj Finance, ICICI Bank lead weekly drag

Top market movers: Eight of top-10 firms lose Rs 79,129 crore in value; Bajaj Finance, ICICI Bank lead weekly drag

The combined market capitalisation of eight of India’s 10 most-valued companies fell by Rs 79,129.21 crore last week, with Bajaj Finance and ICICI Bank taking the sharpest hit amid a broadly weak trend in equities, PTI reported. The BSE benchmark dropped 444.71 points, or 0.51%, during the week. Among the top-10 pack, only Reliance Industries…

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No time to be timid, do not celebrate marketcap, derivative volumes: CEA

No time to be timid, do not celebrate marketcap, derivative volumes: CEA

MUMBAI: India must avoid marking progress through “market capitalization ratios or the volumes of derivatives traded,” chief economic advisor V Anantha Nageswaran said. He called upon banks and financial institutions to become bolder, technologically sharper and more willing to take calculated risks.Speaking at the CII Financing Summit 2025, Nageswaran described marketcap and derivative volumes as…

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