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The Indian Sensex and Nifty opened with positive points at the start of the trading day and as of 9:36 AM today, the Nifty has seen an influx of 83.15 points standing at 23,169.10 which is an approximately growth of 0.36%. The Current standing of Sensex is at 76,637.48 showing a growth of approximately 307.47 peints which is around 0.4%.

January 14th marked the beginning of a hopeful spree for the Nifty50 along with its other key counterparts with the BSE starting at 76,335.75 and the Nifty50 at 23,165.90 with a gross growth of 79.95 and 5.74 for both BSE and Nifty.

Recently, a consortium between HCLTech and Microsoft has been put into place with the aim of transforming contact situations with AI and Cloud solutions. Q3 utiising HCL Tech has reported a slight 5.5 percent growth in the market in net profits but in contrast to that, the shares have dropped 9.27 percent pricing them around ₹1805. Currently estimation place them at 1808.65 roughly 179.25 points lower which is around 9.01 percent.

On Monday, Sensex and Nifty continued their downward descent for the fourth consecutive day. The reports noted Sensex registering a drop of 1,048.90 points ( 1.36 percent ) to stand at 76,330.01 and Nifty tracking at 234117.35 with a loss of 314.15 points (1.34 percent). Plants Selling have also decreased and now, midcap and smallcap indices equity mercp 4 percent, leaving retail investors shaken. A strong dollar, FPI outflows, lower expected earnings, the global situation and other factors worsened the situation.

“We hold the view that large-cap companies will perform better in the coming months but if the fundamentals approach is retained, midcap and smallcap along with narrative will end up facing dire corrections. There is no reason to expect us to look at India positively. FPIs are in no hurry being able to see India favourably. There are no new inflows allocated to emerging markets, retail investors would only face even lower trailing returns,” said Kotak Institutional Equities.

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