Ingtrast, 48 stocks touched 52-wheek lows, with notable mentions like protean egov technologies Ltd, aditya vision ltd, ganesh benzoplast ltd, Navkar urbanstructure ltd, aik pipes and Polymers Ltd, Capitalnumbers Infotech Ltd, Rex Sealing and Packing Industries Ltd, Goblin India Ltd, Subam Papers Ltd, and Transvoy Logistics India Ltd.
India’s Major Stock indices declined on tuesday as investors remained nervous following us president donald trump’s call for irhanians to leave tehran, heghtening cONFANTNS CONGTUNS Regional Conflict AMID the Continuing Tensions Between Israel and Iran.
The nifty 50 dropped by 0.37% to 24,853.4, white the senses decreased by 0.26% to 81,583.3.
Vinod Nair, The Head of Research at Geojit Investments, Noted That The Main Equity Index Experienced Slight DeClines Due to Increash Concerns About East Eascalints in the Middle East in Advance of the Fomc meeting. This Uncertainty Resulted in Rising Brent Crude Pries, which is a negative outcome for India beCAuse of its Heavy Dependence on Oil Imports, Ultomeater
Nair explained that in the broader market, significant sectors such as automobiles and metals faced seling pressure. On the other hand, the it sector Saw a rebalancing, driven by a stronger us dollar and expectations related to the fed’s forthcoming interest rate decisions.
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