Tag: StockMarketNews
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Sensex Drops 1,600 Points, Nifty Declines Amid US Recession Fears!
Stock market indices plummeted on Monday due to weak global cues, driven by the increasing risk of the US economy entering a recession and geopolitical tensions in the Middle East. The S&P BSE Sensex dropped by 1672.88 points to 79,309.07 at 9:15 am, while the NSE Nifty50 fell by 414.85 points to trade at 24,302.85.…
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Despite strong Q3 profit growth, HDFC Bank shares experienced a 7% decline.
In the early hours of Wednesday, HDFC Bank witnessed a significant drop of nearly 7 percent in its shares, resulting in a loss of over Rs 76,000 crore in market capitalisation. However, despite this setback, the bank managed to report better-than-expected Q3 profit growth. By 10:23 am, the shares of the largest bank in the…