The Indian equity markets posted notable losses early on Thursday amid renewed pressure from global bond yields, which is outweighing the supportive effect of softer crude prices.
Domestic equity benchmarks opened sharply lower on Wednesday weighed down by a surge in crude oil prices after the US and Iran exchanged strikes overnight, escalating tensions in the Middle East.
Mumbai: The combined market capitalisation of seven of India’s 10 most-valued companies declined by around Rs 1.13 lakh crore last week, in line with a weak trend in the broader equity market. Bharti Airtel and Reliance Industries were the biggest laggards during the week. The benchmark Sensex fell 276.32 points, or 0.35 per cent, while.