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[hfe_template id='11223'] [ad_1] Indian benchmark equity indices reversed early gains to trade in the red for the second straight session on Friday, as investor sentiment turned cautious after a deadly terrorist attack on tourists in Kashmir heightened geopolitical risks. The BSE Sensex slumped over 1,100 points to trade below 78,700, while the Nifty50 dropped below 23,900 around 11:57 am. Earlier in the session, the Sensex had climbed to 80,130 and the Nifty had crossed the 24,350 mark. The market capitalisation of all listed companies on BSE declined by Rs 9.7 lakh crore to Rs 419.86 lakh crore. While recent policies by the Government of India and the Reserve Bank of India aim to boost GDP growth, geopolitical tensions and global trade issues are limiting the short-term benefits. Despite a seasonally strong quarter, Q4 earnings expectations are modest, with consensus EPS growth at just 8% YoY. "The initiatives by the Government of India and the RBI are focused on ...

[hfe_template id='11223'] [ad_1] The selloff is relentless and unforgiving. The Sensex has plunged 3,000 points over nine straight sessions, leaving investor portfolios in tatters. But the real bloodbath is in smallcaps and microcaps, now stuck in a bear market abyss, with retail investors bearing the brunt of the devastation. For the Nifty, the pain is historic — this is its longest losing streak since 2019, when it tumbled 5% over nine sessions between April 30 and May 13. Back then, the market staged a 6% relief rally within a week. But this time, the outlook is far bleaker. Relentless selling by FIIs threatens to crush any hopes of a bounce back, raising fears that the worst is far from over. Also read | Doomsday for smallcap stocks? 5 signs of cracks deepening after 5-year frenzy The damage runs deep — Nifty stocks have collapsed up to 42% from their peaks, with Tata Motors taking the hardest hit. With no signs of a floor, panic is spreading fast — how much more pai...

[hfe_template id='11223'] [ad_1] Reminding investors once again that Dalal Street is not a one-way street, Sensex fell over 800 points intraday on Wednesday before recovering half of the losses and ending 427 points lower but well below the 80,000-mark. Nifty gave up the support at 24,200 intraday but ended comfortably above the 24,300-level. Retail investors, who got used to seeing their portfolio going up almost every day, were in for a rude shock as smallcap and midcap indices recorded their worst day in more than a month before recovering some of the losses. The sell-off in Nifty was led by a 7% decline in Mahindra & Mahindra (M&M) where investors see price cuts in XUV700 as a sign of weakening demand in the car industry. Other top blue-chip losers include Hindalco, Tata Steel, TCS and HCL Tech. Among sectoral indices, auto, media, metals and PSU banks were the worst hit. Here are the key factors behind today's fall in Sensex & Nifty: 1) Profit-bookin...