Market Meltdown: What's Behind the Billion Dollar Blues? Last week's market downturn in India was marked by a stark reality: five of the country's top firms lost nearly Rs 1 lakh crore in market capitalisation.
While TCS and Reliance Industries took the biggest hits, it's not just their valuations that are cause for concern – the entire market seems to be weighed down by a perfect storm of factors.
The Sensex ended the week 489. 92 points lower, while Nifty lost 204. 65 points.