In a dramatic turn of events, the Indian stock market experienced a significant downturn today, with the Sensex plunging over 1,000 points and the Nifty slipping below the crucial 24,900 mark. This sharp decline has left investors and analysts scrambling to understand the factors behind the sudden market crash.
Shares of Rattanindia Enterprises Ltd are in focus during trading today on Tuesday. The company's shares jumped more than 10% in early trade today.
The Unicommerce Esolutions shares were listed on NSE at ₹ 235 per share, which is 117.59 percent higher than the IPO price of ₹ 108.
One such penny stock that has caught the attention of investors recently is Sadbhav Infrastructure Projects. This stock has shown impressive growth, making investors wealthier in a short span.
Coffee Day Enterprises Ltd, the parent company of the popular Cafe Coffee Day chain, experienced a sharp decline in its stock price today, plummeting by 20% to an intraday low of ₹37.55.
"Hindenburg report seems to be like a well-planned and well-orchestrated hit job," Poonawalla stated. "It seems that for opposing one person, one party, Rahul Gandhi and his entire ecosystem have no qualms about damaging and destabilizing the entire economy and financial systems."
AICC General Secretary and Member of Parliament, KC Venugopal, has expressed deep concern over the revelations, calling for an immediate Joint Parliamentary Committee (JPC) inquiry into the matter.
SpiceJet stock, which has a 52-week high of ₹77.50 and a 52-week low of ₹30, recently surged by over 8%, reaching ₹56.70 amid market fluctuations on Wednesday.