Mumbai Stocks Plunge Amidst Brisk Selling, Sensex Down 338.78 Points
Several stocks in Mumbai experienced significant declines in trading on Wednesday, with the BSE Sensex dropping 338.78 points to 73329.18. This was due to brisk selling in frontline bluechip counters.
Stocks Plunging Over 5% on BSE
- Cressanda Sol: -19.98%
- Choksi Labs: -19.98%
- Comrade Appliances L: -19.96%
- Rajnish Wellness: -19.90%
- Cenlub Ind: -18.74%
These stocks experienced a plunge of over 5% during the trading session.
Nifty Pack Performance
- 11 stocks traded in the green
- 39 stocks traded in the red
The Nifty index was down by 151.3 points, trading at 22184.4.
Fresh 52-Week Highs and Lows on BSE
On the BSE, several stocks hit their fresh 52-week lows:
- Cressanda Sol
- Rajnish Wellness
- Tierra Agrotech
- Fredun Pharma
- Akme Star Housing
Additionally, some stocks reached their fresh 52-week highs:
- Gallops Enterprise
- Sawaca Business
- Nidhi Granites
- Amalgamated Ele
- ThirdwaveFinIntrm
Hot Take: Mumbai Stocks Plunge Amidst Selling Pressure
The Mumbai stock market experienced a significant decline in several stocks, with the BSE Sensex dropping by 338.78 points. This was primarily due to brisk selling in frontline bluechip counters.
During the trading session, several stocks plunged over 5% on the BSE, indicating a bearish sentiment among investors. The Nifty pack also saw more stocks trading in the red than in the green.
It is important for investors to stay informed about market trends and fluctuations, as they can have a significant impact on their investment portfolios. While some stocks reached fresh 52-week lows, others hit fresh 52-week highs, highlighting the volatility of the market.
Remember to do thorough research and seek professional advice before making any investment decisions. Stay updated with the latest news and developments in the stock market to make informed choices.
By
By
By
By
