Economic TimesLean R·
Indian stock market value drops below $5 trillion as oil prices surge & US bond yields climb
Mumbai: A sharp sell-off in Indian equities on Tuesday, triggered by crude oil prices surging above $100 a barrel and United States bond yields climbing above 5%, pushed the combined market value of companies listed on the BSE below $5 trillion to a three-month low. India's share of global market capitalisation also fell below 3%.According to BSE data, the combined market capitalisation of listed companies declined to $4.92 trillion, a level last seen on June 11. Market value has fallen by near…
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