![Paris Loses Crown To London As Europe's Biggest Stock Market](https://cdn.magzter.com/1547192204/1718650112/articles/BJwj5LYb963RMklCcHBsys/Stock-Market.jpg)
President Emmanuel Macron's shock announcement of a snap election sparked a rout that wiped off about $258 billion from the market capitalisation of French firms last week. Shares of banks Societe Generale SA, BNP Paribas SA and Credit Agricole SA- all big holders of government debt-lost more than 10 per cent each.
Stocks in the country are now collectively worth about $3.13 trillion, narrowly losing out to the UK at $3.18 trillion, according to data compiled by Bloomberg. The CAC 40 Index has erased all its gains for 2024 asharp reversal from scaling record highs a month ago.
"We are in a period where there are no certainties for three-tofour weeks and the market could unfortunately become more unstable," said Alberto Tocchio, a portfolio manager at Kairos Partners.
هذه القصة مأخوذة من طبعة June 18, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة June 18, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
![Air India cancels US flight to ferry T20 world champions](https://reseuro.magzter.com/100x125/articles/18959/1753789/8frIm7inhrqlaitXjb5sys/AIR-INDIA-CANCELS-US-FLIGHT-TO-FERRY-T20-WORLD-CHAMPIONS.jpg)
Air India cancels US flight to ferry T20 world champions
DGCA asks for 'factual report' from the airline
![It's showtime for live entertainment](https://reseuro.magzter.com/100x125/articles/18959/1753789/GnLa67b3Xks3YkHdnhksys/ITS-SHOWTIME-FOR-LIVE-ENTERTAINMENT.jpg)
It's showtime for live entertainment
A heady cocktail of social media and youth craving for experiences has triggered a boom in live events. Can it last?
![The fate of the compensation cess](https://reseuro.magzter.com/100x125/articles/18959/1753789/pKlECgRJo73jFWS5sjdsys/THE-FATE-OF-THE-COMPENSATION-CESS.jpg)
The fate of the compensation cess
In our piece yesterday, we reviewed the performance of the Goods and Services Tax (GST) over the past seven years, emphasising that the states did well but at the cost of a revenue sacrifice by the Centre.
Near-term headwinds seen for realty stocks
Analysts suggest cautious approach, advise against exiting completely
Strong outlook for AMCs but high valuations pose risk
Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker.
![Sebi has strong case against Hindenburg, say lawyers](https://reseuro.magzter.com/100x125/articles/18959/1753789/5NK6sRcFnY4PensYDdBsys/SEBI-HAS-STRONG-CASE-AGAINST-HINDENBURG-SAY-LAWYERS.jpg)
Sebi has strong case against Hindenburg, say lawyers
The Indian market regulator, the Securities and Exchange Board of India (Sebi), has a strong case against US-based short-seller Hindenburg Research, who the former has alleged to have traded based on unpublished price-sensitive information.
![Sensex may hit 87K by year-end](https://reseuro.magzter.com/100x125/articles/18959/1753789/P6zsvmpcY8EgKoASb6Psys/SENSEX-MAY-HIT-87K-BY-YEAREND.jpg)
Sensex may hit 87K by year-end
Analysts advise investors to stay with largecaps
![FMCG sector weight in Nifty 50 falls to lowest level since 2010](https://reseuro.magzter.com/100x125/articles/18959/1753789/b1zevXTycA0Hb5boVGdsys/FMCG-SECTOR-WEIGHT-IN-NIFTY-50-FALLS-TO-LOWEST-LEVEL-SINCE-2010.jpg)
FMCG sector weight in Nifty 50 falls to lowest level since 2010
Weak financial results reason for waning investor interest: Analysts
![Yin, yang and assumptions](https://reseuro.magzter.com/100x125/articles/18959/1753789/24oyCyexW1720040693446/YIN-YANG-AND-ASSUMPTIONS.jpg)
Yin, yang and assumptions
India and China are two of the world's largest civilisations, countries and Leconomies.
Lagging indicator
Gender diversity in India Inc still sub-optimal