Market recap: Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; HDFC Bank biggest laggard

Dalal Street experienced a significant market capitalisation erosion of over Rs 1 lakh crore for five top firms last week, with HDFC Bank bearing the brunt. Despite initial gains, selling pressure in later sessions led to a muted market close, reflecting participant caution.

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Bank holiday today: Are banks closed on March 21, 2026 for Eid-ul-Fitr 2026? Check state-wise list

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Bank holiday today: Are banks closed on March 20, 2026 for Eid-ul-Fitr? Check state-wise list

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HDFC board, RBI, govt enter firefighting mode

Central Bank Moves Quickly To Contain Any Contagion Risk, Says Lender's Financials Stable

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Rupee weakens in NDF, set to slip past 93 as oil surges; RBI steps up key tool

The Indian rupee plunged to a record low of 93.36 against the US dollar amid global market volatility and a strong dollar. The Reserve Bank of India has significantly ramped up its intervention using forward contracts, with its net-short dollar position nearing $100 billion. This stepped-up intervention aims to stabilize the rupee amidst renewed pressure on emerging market currencies.

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