Stock market wealth grew by Rs 75 lakh cr under Modi



There was broad-based rally with participation across sectors creating enormous wealth for investors but starting 2018, the rally got concentrated into select large-cap companies with under performance in broader markets.



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Sensex logs 9th straight loss, crashes 372 points



The index widened its loss towards the fag-end on emergence of intense selling in heavyweights like ITC, RIL and ICICI Bank. In percentage terms, however, Sun Pharma was the biggest loser with 9.39 per cent drop. Intra-day, the pharma major’s shares tanked over 20 per cent.



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Sensex crashes 363 pts as US-China trade talks derail



In the Sensex pack, Yes Bank, Tata Motors, Bajaj Finance, Tata Steel, HDFC twins, IndusInd Bank, RIL, Asian Paints, Hero MotoCorp, Axis Bank, M & M, HUL, Bajaj Auto, NTPC, HCL Tech, Kotak Bank and Infosys fell up to 5.30 per cent.



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Walmart CEO Doug McMillon in India to take on Amazon



Besides Jeff Bezos-led Amazon, Walmart-owned Flipkart is also facing a threat from Asia’s richest man and RIL chairman Mukesh Ambani, who is also betting big to grab a share of the country’s e-commerce market.



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Reliance eyes Schuldschein route to raise $170m overse



Schuldschein is an alternative way to raise funds instead of loans or bonds and deals can run from $12 million to more than $1.13 billion. These instruments include tranches of different maturities and currencies and investors are spread across the world.



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