Blood bath in Indian Stock market today !
India's top 3 biggest stock loses multi billion dollar ๐ต worth Market cap ๐
Reliance Rs 51000cr๐คฏ
HDFC Bank Rs 44000 cr๐คฏ
ICICI Rs 32000 cr๐คฏ
In 2008, Airbnb tried raising $150K at a $1.5M valuation. But a VC rejected them because โthe market is too smallโ.
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.