Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
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Shedding its gains from Monday, NIkkei has declined around 0.7% while Hang Seng and Shanghai Composite were trading marginally lower.
Most experts said indices would open higher on Monday and rally might sustain for a few sessions
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
Since 2000, China has had the world's largest outflow of HNIs.
While lower gas output led to earnings cuts, price rises with regular ramp-ups in output will lead to earnings upgrades
The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.
The valuation was more conservative than the $15 billion some analysts had expected for the social media phenomenon, potentially attracting investors who might consider the money-losing company's listing price a better deal, with room to rise.
Surging value of dollar may be posing the biggest threat to US corporate earnings.
They believe that long-term story is intact.
Flipkart and Snapdeal take a cue from Amazon even as they differ on who is ahead in the race
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
Online shopping is becoming an obsession, a distraction and a cause of distress for a rising number of Indians. Are you a Compulsive Online Purchaser?
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