Barring Dr Reddy’s and Infosys all other Sensex shares ended in the red
Market experts suggest booking losses and exit the counter
Shares of Macrotech Developers erstwhile Lodha Developers opened at Rs 436 per share on the National Stock Exchange, Rs 50 lower than the issue price of Rs 486 marking a discount of 10.29%.
Sensex plunges 1,317 points or 2.70% at 47,940; whereas the broader market index Nifty50 tumbled 369 points or 2.53% at 14,248.
An investment of Rs 1 lakh in Relaxo Footwears in April 2011, has grown to Rs 66.71 lakh today
Sensex dropped 250 points from day's high of 49,089 to settle at 48,832 with marginal gains of 28 points, or 0.06%. Likewise, Nifty50 ended 36 points or 0.25% higher at 14,617 after making an intra-day high of 14,698.
Sensex was trading with marginal gains of 47 points or 0.10% at 48,851 and Nifty 50 was at 14,614 rising 32 points or 0.22%.
The second wave of coronavirus has brought some jitters in the domestic stock markets and it again can be a good opportunity for smart investors to go bargain hunting
Nifty Metal gained 2.81%, Nifty Bank was up 0.86% and Nifty FMCG & Nifty Pharma rose 0.50%.
Flexicap funds have the leeway to dynamically invest in small, mid and largecap stocks without any restriction on the level of exposure towards these three segments