Archive · 3 Oct 2026

Indian Stocks Fall as More Shares Enter Lower Valuation Bands

Indian Stocks Fall as More Shares Enter Lower Valuation Bands

Indian stocks lost value during the first three trading days of the week.

The Sensex, a benchmark index, fell 2% over that period.

It is now 16% below its highest level ever.

A Mint analysis looked at 3,756 companies listed on the BSE.

It used price-to-earnings ratios to compare how stocks were valued.

After prices fell, more stocks moved into lower valuation bands.

This means their valuations were lower by that measure.

The article does not give details about foodgrain targets or rainfall.

Sources