HDFC Bank market valuation drops ₹61,715 crore this week
pre-market1 source ↓written by the desknot a recommendation
- this week
- ₹61,715 crore
- decline
- ₹4.48 lakh crore
- steep losses
- 5.51%
- 5.31%
HDFC Bank's market valuation fell by ₹61,715 crore this week amid a broader sell-off, contributing to a ₹4.48 lakh crore decline in the combined market cap of India's top-10 companies. The BSE Sensex and NSE Nifty 50 faced steep losses of 5.51% and 5.31%, respectively, driven by rising crude oil prices and inflation concerns. 📉
Investor sentiment remains fragile as geopolitical tensions escalate, prompting heavy selling across sectors.
Not investment advice. For informational purposes only.