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Market move▼ Strongly bearish for Indian equities
Feeling blue: Near 40% of Nifty stocks down over 20%; ₹31 trn wiped out
The brief
- 18 of 50 Nifty stocks are more than 20% below their 52-week highs
- Market capitalisation erosion reached ₹31.35 lakh crore
- Broad losses weigh on Indian equities, particularly the affected Nifty companies and midcaps
- Sensex falls 900 points as crude rebounds; Nifty slips below 22,900
- IPO Mania: 20 Issues To Hit The D-Street In A Single Week — Check Full List
- Small-cap IT stock under ₹50 jumps 17% as US subsidiary gets AI project worth ₹147 crore
- Not just PB Fintech, this smallcap stock fell 40% in two days on IRDAI proposals