Metal stocks lead spurt in Sensex
Sensex is up more than 400 points in trade on Monday led by metal stocks.
Sensex is up more than 400 points in trade on Monday led by metal stocks.
Market has reached an oversold condition at key support levels and the current situation represents a corrective phase within the ongoing bull market. This indicates a potential opportunity to initiate long positions.
A total of 68 stocks of the Nifty 500 index stood out as star performers from the closing of January 25, 2023, till January 25, 2024.
With the consecration, there are multiple investment avenues opened for the citizens.
Indian stocks traded marginally higher Tuesday morning apparently due to fresh buying by investors after the recent profit booking. On Monday, they were largely steady.
Large scale incidents of hoarding of stocks of tur and urad dal by millers and traders in their warehouses to avoid stock declaration, have been discovered by the government.
The Petroleum Division has warned the State Bank of Pakistan (SBP) that the stocks of petroleum products may dry up as banks are refusing to open and confirm Letters of Credit (LCs) for imports.
Meanwhile, the rupee has retreated from its all-time low of over 83 against the US dollar.
At 9.19 a.m., Sensex traded at 57,524.27per cent, down 1,309.60 points or 2.23 per cent, whereas Nifty traded at 17,181.90 points, down 377.00 points or 2.15 per cent.
The company will refer to this bigger association as "Eternal", when Zomato's stock gets pounded on Dalal Street (it was drifting around Rs 46 on Monday and has plunged around 69% this year)
