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Indian stocks market out of elite trillion-dollar club

Market cap of all listed companies slips to $985 bn on fears of US stimulus withdrawal, rupee slide

The Indian stock market moved out of the trillion-dollar league today as equities crashed, pulling down the total valuation of all listed companies to $985 billion on fresh concerns about the US stimulus withdrawal, and the rupee plunging to a historic record low of 62.       Market capitalisation of all the listed companies stood at Rs 60,73,881.22 crore as stocks witnessed bloodbath that dragged down the BSE 30-stock benchmark, Sensex, by 769.41 points to 18,598.18 - its biggest fall in 4 years.       The rupee also touched an all-time low of ...