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Market move▼ Bearish for Indian equities
Concurrent Losers: 14 midcap stocks decline for 5 consecutive sessions
The brief
- Sensex fell 2.27%, or 1,671 points, to 71,909 over five sessions ended October 1
- The extended sell-off signals pressure across Indian equities, including midcap stocks
- IT Q2 Preview: Large-cap firms seen posting weakest growth in three years; midcaps may outperform
- AI winners and losers are emerging in Indian IT, says BNP’s Kumar Rakesh
- Nifty 500’s hidden bear market: Half the stocks are down over 30% from highs
- IT Q2 Preview: Infosys, Other Large Caps May Cut Guidance As AI Deflation Bites, Mid-Caps To Buck The Trend
- Feeling blue: Near 40% of Nifty stocks down over 20%; ₹31 trn wiped out