AHMEDABAD: Owing to escalating tension between Ukraine and Russia, the domestic equity market benchmark BSE sensex ended in the red for the fifth straight session at 57,300.68 on Tuesday. With this, the market capitalization of five out of 10 Gujarat-based companies eroded by Rs 42,741.16 crore in five sessions in a week.
Analysts attribute the erosion largely to profit booking, as jittery investors turned cautious amid the Russia-Ukraine standoff.
