Traders realise Modi’s claims bogus: Congress on declining worth of PSU shares

“The Modi authorities has one agenda: to dismantle the general public sector and hand over public sector firms to its favoured few,” Ramesh mentioned.

The Congress chief additionally shared a media report that mentioned India’s listed public sector firms’ shares — as soon as favourites of new-to-the-market buyers — fell about 30 per cent from their peaks final yr, excess of the 13 per cent general decline within the Sensex throughout the identical interval.

On Friday, 28 February, the BSE index tanked 1,414.33 factors to settle at 73,198.10. The NSE Nifty slumped 420.35 factors to shut at 22,124.70.

Immediately, 3 March, The benchmark BSE Sensex declined by 112 factors whereas the Nifty fell for the ninth straight session following promoting in blue-chips HDFC Financial institution and Reliance Industries.