Blood bath in Indian Stock market today !
India's top 3 biggest stock loses multi billion dollar 💵 worth Market cap 📉
Reliance Rs 51000cr🤯
HDFC Bank Rs 44000 cr🤯
ICICI Rs 32000 cr🤯
In 2008, Airbnb tried raising $150K at a $1.5M valuation. But a VC rejected them because “the market is too small”.
Today, Airbnb is worth $80 billion.
The greatest founders expand their market.
Looks like there is some profit booking happening in the Indian market today at the moment valuations seem fair but if the market dips further to better levels it could turn into a really good buying opportunity.