‹ All Posts
Sarathi Research

23rd Mar · SEBI-Registered Analyst

Bloodbath on Dalal Street: Benchmarks Sink, Metals Lead Losses

Indian equities opened weak on Monday, extending losses after a brief pause. The BSE Sensex dropped nearly 2,000 points to 72,558.44, while the Nifty 50 slipped below 22,500, touching 22,471.25 during the session. Broad-Based Selling Across Sectors All 15 sectoral indices on the National Stock Exchange of India declined, led by the Nifty Metal Index, which tanked up to 5.2%, indicating widespread market weakness. Key Stocks and Currency Movement

HDFCBANK
fell to ₹745.75, while
ITC
hit a 52-week low of ₹289.75. The rupee weakened to 93.94 against the US dollar. Global and Commodity Cues: Asian markets declined sharply, while Brent crude hovered near $108 per barrel after recent volatility. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.

#MacroViews#TrendingSectors#Miscellaneous
3 likes