Top 10 blue-chips’ share of India’s m-cap drops to lowest since 2017
India's top 10 listed blue-chip companies are experiencing a decline in market capitalisation share.
This decline is attributed to sustained foreign portfolio investor selling and large-cap stock underperformance.
The top 10 companies now account for around 17.65% of the total market capitalisation as of October 9.
Despite this, domestic flows are supporting the broader market and smaller companies are outperforming large caps.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
