Stock Market Loses ₹1.55 Lakh Crore; HDFC Bank Hit Hardest
The Indian stock market suffered a massive loss of ₹1.55 lakh crore in market capitalization, with the top 8 companies facing significant declines. HDFC Bank experienced the largest drop among them. The sell-off led to Sensex and Nifty closing in the red, with the small-cap index falling up to 2.9%. This downturn is linked to government policies and foreign institutional investors exiting India.
Navbharat Times·

