5 steepest market cap declines in 2013.

The prospects of a pullback of the monetary stimulus by the US Fed have sent a wave of panic across global markets. As such, Indian stock markets too fell sharply along with the global counterparts. In fact, on June 20, 2013, the Indian markets witnessed their biggest losses in the year 2013. Today's chart of the day shows five steepest market capitalisation declines in 2013. There is increasing fear about FIIs fleeing Indian markets. Apart from the global risks, a sharply depreciating rupee has further added to our troubles. As long as the rupee does not stabilise within sustainable levels, the RBI will find it difficult to cut interest rates. And this in turn would keep hampering economic growth.

                                                                        Data source: DNA