NSE loses trillion dollar market cap tag


A sharp plunge in rupee to record low below Rs 56-level today cost the top stock exchange NSE its trillion-dollar market capitalisation tag, while another bourse BSE managed to hold onto this status just by a whisker. Hit by the double-whammy of declining rupee and stock valuations, the cumulative market value of all the companies listed on the National Stock Exchange (NSE) today dipped to USD 999 billion (Rs 55,95,326.34 crore).
http://www.financialexpress.com/news/nse-loses-trilliondollar-market-cap-tag/952971/

 

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