As of 9:51 AM, the Nifty has fallen 200 points from its day’s high, trading at ₹24,708.90, down 145.15 points (-0.58%). The broader market sentiment remains weak, with key stocks like Kotak Mahindra Bank and Tata Consumer witnessing sharp declines.
Key Stock Performances:
- Kotak Mahindra Bank is down ₹94.30 (-5.04%), trading at ₹1,776.75. The stock opened at ₹1,850.00, hitting a high of ₹1,855.00 and a low of ₹1,771.20.
- Tata Consumer Products has fallen ₹90.30 (-8.26%), trading at ₹1,002.95. The stock opened at ₹1,047.00 and reached a low of ₹996.25 after hitting a high of ₹1,059.45.
Both stocks have been under significant selling pressure as investors react to market dynamics and quarterly earnings. Kotak Mahindra Bank‘s results have raised concerns over slower-than-expected growth, while Tata Consumer is facing pressure following its quarterly performance.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please consult a financial advisor before making any investment decisions.
