Market capitalisation tanks for top firms, Reliance and LIC lead the decline

Sunday, 17 March 2024, 06:51
Reliance Industries experienced the most significant market capitalization decline, dropping by ₹81,763.35 crore to ₹19,19,595.15 crore. The overall market capitalization of five of the top ten firms decreased by a total of ₹2.23 lakh crore. This sharp decline highlights the current challenges faced by leading companies in the market.
https://store.livarava.com/2ebc4c64-e4ad-11ee-967a-5254a2021b2b.jpe
Market capitalisation tanks for top firms, Reliance and LIC lead the decline

Market Capitalisation Drop for Top Firms

Reliance Industries witnessed a substantial decrease in market capitalization, plunging by ₹81,763.35 crore to ₹19,19,595.15 crore.

Key Highlights:

  • Reliance market cap dropped significantly
  1. LIC also experienced a notable decline

This decline serves as a stark reminder of the volatile nature of financial markets and the impact on major industry players.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Related posts

Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe