Indian Stock Market LIVE: Sensex Slumps 800 Points; Nifty Falls Beyond 24,700
Welcome to our live market coverage, where we bring you the latest updates from the Indian stock markets. The Nifty 50 and Sensex extended losses tracking a decline in Infosys Ltd. and Mahindra & Mahindra Ltd.
NSE Nifty Midcap 150 and NSE Smallcap 250 Underperform Benchmark Indices
The NSE Nifty Midcap 150 and NSE Smallcap 250 underperformed the benchmark indices, with the indices down 1.78% and 2.15% respectively as of 2:10 p.m.
Cupid to Commission Palava Plant in Maharashtra
Cupid will commission Palava Plant in Maharashtra to be commissioned in the second half, boosting diagnostics and FMCG manufacturing. New UAE arm to spearhead acquisitions and strengthen MENA presence, the company said in the exchange filing.
Jindal Steel Ltd. Commissions 5 Million Ton Per Annum Blast Furnace at Angul
Jindal Steel Ltd. commissions 5 million ton per annum blast furnace at Angul, hot metal capacity rises to 9 MTPA from 4 MTPA.
All 15 Sectoral Indices End Lower on National Stock Exchange
On National Stock Exchange, all 15 sectoral indices ended lower with the NSE Nifty declining the most.
Ircon International Receives Order Worth Rs 224 Crore from North East Frontier Railways
Ircon International received order worth Rs 224 crore from North East Frontier Railways, the company said in the exchange filing.
Market Outlook: What to Expect in the Coming Days
The Indian stock market is expected to remain volatile in the coming days, with investors keeping a close eye on the Q1 earnings season. The Nifty 50 is expected to consolidate ahead of the major earnings, with the index expected to trade in a range of 24,500-25,500.
Top Stocks in Focus: Infosys, Mahindra & Mahindra, and More
Infosys and Mahindra & Mahindra were among the top losers on the NSE Nifty, with the stocks down 2.5% and 3.1% respectively. Other top stocks in focus include HDFC Bank, ICICI Bank, and Reliance Industries.
Investing in the Indian Stock Market: Tips and Strategies
Investing in the Indian stock market can be a lucrative opportunity, but it requires a deep understanding of the market and the companies listed on it. Here are some tips and strategies for investing in the Indian stock market:
- Do your research: Before investing in any stock, make sure to do your research and understand the company’s financials, management, and industry trends.
- Diversify your portfolio: Diversifying your portfolio can help reduce risk and increase returns. Consider investing in a mix of large-cap, mid-cap, and small-cap stocks.
- Keep a long-term perspective: Investing in the stock market is a long-term game. Avoid making impulsive decisions based on short-term market fluctuations.
- Stay informed: Stay up-to-date with the latest news and developments in the stock market. This can help you make informed investment decisions.
Conclusion
In conclusion, the Indian stock market is expected to remain volatile in the coming days, with investors keeping a close eye on the Q1 earnings season. The Nifty 50 is expected to consolidate ahead of the major earnings, with the index expected to trade in a range of 24,500-25,500. We hope this article has provided you with valuable insights and information to help you make informed investment decisions.
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