-
Black Monday: Sensex tanks 1,170 points; Nifty ends below 17,450; RIL, realty & PSU banks crack
The sell-off wiped off Rs 7.85 lakh crore of investors as the market capitalization of all listed companies plummeted to Rs 261.34 lakh crore.
-
Sensex slips 459 points, Nifty nears 17,600; realty stocks tank
Most sectoral indices opened in the red on the NSE. Nifty Realty index was the top loser among sectoral indices down by 2.44%.
-
RIL, Wipro, IRCTC, Havells India to be watched
IRCTC said that the Ministry of Railways has conveyed the decision to resume the services of cooked food in trains.
-
Sensex, Nifty may open lower
Asian stocks are trading mixed on Monday as China kept its benchmark lending rate unchanged.
-
Two stock recommendations for this week
Traders should avoid bottom fishing as of now as in the near term a decent correction can be expected in the broader markets.
-
After a disastrous debut, Paytm can see further downside
Paytm's business model lacks focus and direction and achieving scale with profitability is a big challenge.
-
Stay put in Sapphire Foods, as it trades at reasonable valuations to its peers
Sapphire Foods India has a better revenue per store compared to Devyani International.
-
Mega issue, disaster debut: Paytm lists at 9.30% discount
Shares of Paytm’s parent One97 Communications opened at Rs 1,950 apiece on the NSE and at Rs 1,955 on the BSE.
-
Decent listing: Sapphire Foods lists at 14.41% premium
Sapphire Foods opened for trading at Rs 1,350 on the NSE implying a premium of Rs 170 or 14.41% over its issue price of Rs 1,180 per share.
-
Sensex, Nifty open flat; PSU Banks, metal rally, auto stocks slip
Market momentum has weakened recently and the market appears to be heading for a risk-off mode.
