Market and Business News

Investors' wealth washed away by Rs 10.50 lakh crore in four days to Rs 4.5 lakh crore (Gujarat News Correspondent) MUMBAI: Funds and experts in the Indian stock market today continued the index-based two-way storm over the weekend, keeping the market in a negative zone. Funds in stocks continued to soften overbought positions, with IT-software services, technology stocks continuing to sell today and stocks of healthcare-pharmaceuticals companies taking off today. Of course, in banking-finance stocks today, the Sensex, Nifty-based market saw a big decline as funds, experts continued to pick up relentlessly. On the global front, European countries With rising Corona cases in Russia and reports of re-infestation of Corona in China as well, global economic worries with a weaker GDP of China and a steady rise in domestic inflation led to record rising prices of petrol and diesel in the coming days. There were also impact views on the market. However, banking stocks of the funds remai...

Investors' wealth washed away by Rs 10.50 lakh crore in four days to Rs 4.5 lakh crore (Gujarat News Correspondent) MUMBAI: Funds and experts in the Indian stock market today continued the index-based two-way storm over the weekend, keeping the market in a negative zone. Funds in stocks continued to soften overbought positions, with IT-software services, technology stocks continuing to sell today and stocks of healthcare-pharmaceuticals companies taking off today. Of course, in banking-finance stocks today, the Sensex, Nifty-based, saw a big decline in the market rather than the relentless selection of funds, experts. On the global front, European countries With rising Corona cases in Russia and reports of re-infestation of Corona in China as well, global economic worries with a weaker GDP of China and a steady rise in domestic inflation led to record rising prices of petrol and diesel in the coming days. There were also impact views on the market. However, banking stocks of the ...