Markets News

Is Indian Markets in trouble? – A Report

The Indian market lost 2 per cent because of the external factors and because of that, the Indian market is under pressure.

The external factors include rising covid cases, the elections in the US, etc.

This week Bombay stock exchange points decrease by 2.41 per cent earlier it was 2.6 per cent.

The companies which fell more than 12 per cent include Sonata Software, Globus Spirits, Jaiprakash Power Ventures, etc.

And the companies which rise from more than 13 per cent include Blue Dart Express,  HBL Power Systems, OnMobile Global, etc.

Bombay stock exchange midcap was down by 048 per cent.

The major losses were for the companies like  Federal Bank, M&M Financial Services, Bharat Forge and Future Retail.

The major profits were for the companies like Adani Green Energy, Cholamandalam Investment, Adani Enterprises and CRISIL.

Bombay stock exchange large-cap industries which had losses include Hindustan Zinc, Hero Motocorp, Vedanta, Lupin and DLF.

The companies supported them were  Kotak Mahindra Bank, Nestle India, Avenue Supermarts, Shree Cements and Ambuja Cements.

The companies which were the most valuable in this time were Kotak bank followed by nestle and Asian paints.

Likewise, the companies which lost the market this time were Reliance Industries, HDFC Bank and Infosys.

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