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India’s Top Corporates Have Lost Rs 20 Lakh Crore Market Cap In 2020’s Rout
The HDFC group, Tata group, Mukesh Ambani group and Bajaj group were among those whose market value eroded the most.
01 Apr 2020, 11:51 PM IST
None of India’s top corporates has created wealth this year as equities tracked the worst global selloff in more than a decade after the novel coronavirus outbreak.S&P BSE Sensex and the NSE Nifty 50 have tumbled about 29 percent each from Jan. 31 till March 31, with 90 percent of the stocks in the benchmark recording losses. So deep is the rout that, according to BloombergQuint’s calculations, the nation’s 18 largest conglomerates w...
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