Market and Business News

AHMEDABAD: The long-awaited sell-off or correction has taken place in the Indian stock market. On Friday, the Sensex was down 17.6 points at 7,109.15 and the Nifty was down 203.50 points at 12,09.8. With today's decline, the biggest weekly decline since January has been in the Indian stock market, with both major stocks closing at three-month lows. However, even in the face of this decline, retail customers and domestic funds are buying and foreign institutions are selling out of India. Is. Mutual funds have been bought for Rs 4,606.5 crore against this sale. Most surprisingly, retail customers are also buying and their purchases have intensified over the past month. Retail customers made purchases worth Rs 2,50.10 crore during the period. Buy at every drop, this purchase is taking place amidst the advice that there is no room for correction in the market now. The way in which the market has seen a decline may lead to panic among retail consumers, which could have a major impact...

AHMEDABAD: The long-awaited sell-off or correction has taken place in the Indian stock market. On Friday, the Sensex was down 17.6 points at 7,109.15 and the Nifty was down 203.50 points at 12,09.8. With today's decline, the biggest weekly decline since January has been in the Indian stock market, with both major stocks closing at three-month lows. However, even in the face of this decline, retail customers and domestic funds are buying and foreign institutions are selling out of India. Is. Mutual funds have been bought for Rs 4,606.5 crore against this sale. Most surprisingly, retail customers are also buying and their purchases have intensified over the past month. Retail customers made purchases worth Rs 2,50.10 crore during the period. Buy at every drop, this purchase is taking place amidst the advice that there is no room for correction in the market now. The way in which the market has seen a decline may lead to panic among retail consumers, which could have a major impact...