Taking Stock: Market fails to carry momentum

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Published: January 4, 2019 3:33:00 AM

Barring five companies, all index members lost value in the last two days, translating a combined market cap erosion of Rs 1.8 lakh crore.

After thin trade on New Year’s Day, the Nifty 50 failed to carry the momentum forward and incurred losses for the second day in a row losing 2.2%. Barring five companies, all index members lost value in the last two days, translating a combined market cap erosion of Rs 1.8 lakh crore.

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