Stock Market Fall Today: Shares are falling rapidly in the Indian stock market, the effect of which is clearly visible on the investors. Let us tell you that today at 2 pm, the index Nifty 50 is trading down by about 220 points, whereas if we talk about Sensex, it is trading down by about 700 points at 81,586. Let us tell you that Bank Nifty Bank is also trading down by about 650 points. If we look at the shares of companies, today the share of HDFC Bank is trading at about Rs 910, whereas a fall of about 2.46% has been seen in the share of Axis Bank.
Stock Market Fall Today: Adani Green Stock Price Decline
Adani Green’s stock has seen a significant decline, with a decline of approximately 11%. According to reports, Adani Green Energy (UP) Limited has reported that it has unaudited financial results for Quarter 3. Adani Green’s revenue in Quarter 3 was approximately โน8,527 lakh, of which the company generated a net profit of approximately โน2,329 lakh. Recently, Adani Green awarded KPIGreen a 534 MW solar project in Gujarat.
Stock Market Fall Today: Hindustan Zinc & Dr Reddy’s Labs in a better position
Hindustan Zinc has posted a strong performance on the stock market today. The stock has jumped by approximately 4.73%. Hindustan Zinc’s share price is currently hovering around โน700. Vedanta’s share price has also seen a jump of approximately 1.25%, while Dr. Reddy’s Lab’s stock price has also risen by approximately 1.80%, now settling at โน1,238.
Fair Chances improvement in these stocks as well
Eternal (Zomato) shares have seen a sharp decline. Let us tell you that Zomato shares were launched in the market at around 276.95 in the morning, and the lowest level in 52 weeks was seen at around 194.80. Even at 2 pm today, this stock is seeing a decline of around 5.50%, where more than 33 lakh investors have left this stock today. However, according to market experts, there are signs of improvement in the stock market soon. According to the report of ICICI Securities, Zomato’s profit after tax (PAT) may see a decline in Quarter 3, but Zomato’s net sales have also seen an increase of more than 200% in the financial year.
Priyanshu Sharma, MBA, is the Managing Partner and Financial Expert at Itz Reality. With a background as a Relationship Manager at a finance company, Priyanshu brings a wealth of experience in finance and customer engagement. Since 2023, he has been instrumental in managing News Duniya Media Pvt Ltd from its Shivpuri headquarters. Now, he leads Itz Reality full-time, driving its mission to provide accessible, reliable financial information and market analysis to a growing audience.
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