Indian stock market: Shares of India’s two leading food delivery aggregators—Zomato and Swiggy—have witnessed a sharp decline from their recent peaks, slipping to multi-month lows. The downturn comes amid a broader correction in domestic equity markets, with investors growing increasingly cautious about risky assets, and new-age tech stocks being no exception. Valuation concerns have also … Read more
Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, started the day on a positive note on Wednesday, driven by gains in information technology stocks and buoyed by performance in other Asian markets, as the US Commerce Secretary suggested a potential easing of tariffs on Canada and Mexico. Most Asian markets experienced increases, … Read more
This chemical stock has been undergoing a lot of pain and was subject to some intense sell-off. The last few days have been spent in consolidation, and now, with volatility expanding to the upside, one can look at some potential rise in store. Also, the rebound emerging in certain high beta stocks, and the recent … Read more
After closing at a record high of 57,703 on 11 December 2024, the BSE SmallCap index has tumbled to 45,157 in just over two months, a fall of almost 22%, thus putting it in the category of a bear market. Individual stocks have taken a much worse beating, some even falling by as much as … Read more