Rate-sensitive sectors faced pressure, contributing to broader market underperformance, led by FIIs selling. Foreign institutional investors sold (net) equities worth Rs 1,879 crore on Wednesday.
Domestic equity market fell sharply on Wednesday with the benchmark indices BSE Sensex and NSE Nifty50 crashing more than 1% each due to weak global cues, and selling in Reliance Industries Ltd and bank stocks.
The selling pressure was more severe in the mid-cap and the small-cap pack and in total investors lost ₹6 lakh crore in a single session as the m-cap of all BSE listed companies came down to 385.97 lakh crore.
Diese Geschichte stammt aus der February 29, 2024-Ausgabe von The Morning Standard.
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Diese Geschichte stammt aus der February 29, 2024-Ausgabe von The Morning Standard.
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