According to reports, the top 10 Indian firms witnessed a collective market value drop of Rs 70,000 crore. Key highlights include:
• HDFC Bank and ICICI Bank among the worst losers.
• Bear market sentiment impacting stock prices.
• Economic challenges affecting corporate valuations.
The development signals concerning trends for Indian markets, highlighting the vulnerability of major players amid current economic conditions.
Source: Latest Business News Today: Stock Markets, Financial News, India Business & World Business News