The m-cap of the BSE 500 companies fell by Rs 44 lakh crore since the outbreak.
FPIs added ALL and Crompton Greaves Consumer after a gap of over five quarters.
The continued delay in corporate earnings revival too had made Indian markets pricey, said analysts.
The RBI purchased Rs 3,31,100 crore net of government bonds in 2018-19 through OMOs.
Economic revival will need consumer spending to grow in the festive season, which is just weeks away.
Reasons include new laws on insolvency over past 5 years.
Banks have recovered more than Rs 40,000 crore from three of the twelve loan accounts.
Over the past couple of weeks, 13 out of 15 FII-heavy large stocks have corrected.
The benchmark Nifty’s year-to-date gain is now 10.2 per cent in dollar value.
Over the one-year period, Bajaj Finance, Axis Bank and RIL remain top gainers.
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