Stocks Plunge in Mumbai Trading Amid Selling Pressure
Several stocks experienced a significant decline of over 5% in Mumbai trading on Thursday, as the BSE Sensex, the equity benchmark, dropped 900.91 points to reach 63148.15 due to brisk selling in frontline bluechip counters.
Top Losers on the BSE
Sylph Tech, Shashijit Infraproje, Indong Tea Company L, Tiaan Ayurvedic & He, and EPIC Energy were among the top losers on the BSE today, with losses ranging from 11.85% to 20.00%.
Nifty Pack Performance
Out of the Nifty pack, only 5 stocks closed in the green while 45 stocks ended in the red. The index itself closed at 18857.25 after dropping by 264.9 points.
Fresh 52-Week Highs and Lows
Cressanda Sol(PP), Megri Soft, Victory Paper, BCL Enterprises, and Raj Packaging hit their fresh 52-week lows on the BSE today. On the other hand, Premier Poly, Niks Technology, CIL Nova Petro, Sical Logistics, and Plaza Wires reached their fresh 52-week highs.
Hot Take: Mumbai Stocks Plunge Amidst Selling Pressure
In Mumbai trading on Thursday, several stocks experienced a significant decline as selling pressure weighed on the market. The BSE Sensex dropped by nearly 900 points, while the Nifty index also closed lower. This downward trend was observed across various sectors and resulted in many stocks hitting fresh 52-week lows. It is important for investors to closely monitor market conditions and make informed decisions to navigate through these volatile times.
By
By
By
By