Page 6 - Stock Market Correction

Hyundai Motor India shares skid 5%; record new low on muted Q2 performance

Looking ahead, the company anticipates better performance owing to the new launch of Creat EV in January, along with the recent launch of new variants of the Venue and Alcaazar models.

Market fall: BSE Smallcap index tanks 7% in 1 week; 50 shares at 52-wk low

The BSE Smallcap index slipped 2.5% or 1,346 points to 52,258 in Wednesday's intra-day trade and down 6.7% in the past one week as sustained FIIs selling and earnings disappointment weighed.

PNB Housing Finance slips 7% after 10% equity change hands on NSE

Till 09:17 am on Wednesday; as many as 26.14 million equity shares representing 10 per cent of total equity of PNB Housing Finance changed hands on the NSE, the exchange data shows.

Asian Paints shares break 6-year bullish trend; another 17% fall likely

Asian Paints stock was trading at 3-year lows, and had given a downside breakout on the monthly chart for the first time since May 2018; shows technical charts.

Mid, smallcap stocks outlook: Worst not over yet, caution analysts

Stock market today: The Nifty MidCap100 index and the Nifty SmallCap100 index have declined 8.8 per cent and 6.9 per cent, respectively, from their respective all-time highs

Market crash: Sensex staring at another 3,000-pt fall, technical charts say

Charts suggests that the Sensex could slide down to 72,000 levels, in the worst-case scenario, wiping out all the gains made thus far in calendar year 2024 (CY24).

1 out of 6 Nifty 500 stock falls over 20%; Time to worry or cherry pick?

Many quality small- and medium-cap stocks have become appealing buys, and the medium-to-long-term outlook remains robust due to economic factors, said G Chokkalingam of Equinomics Research.

Stock market Crash: Sensex tanks 1,823 points this week; check reasons here

Stock market crash: The benchmarks have clocked their fourth straight weekly losing streak, the longest since August 2023

Tech charts suggests IndusInd Bank could dip another 22% hereon

IndusInd Bank on Friday logged its biggest intra-day fall since March 2020; technically the stock has given a fresh downside breakout on multiple time-frames.

Market crash? Nifty can fall another 1,000 points from here, charts suggest

If the Nifty is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels, charts suggest.

ALERT: Here's why 24,400 is an important support for Nifty bulls

A weekly close below 24,400 shall indicate a significant change in the medium-term trend to bearish, with a risk of sustained fall to near about 23,000 levels on the Nifty 50 index; suggest chart.

Shipbuilding shares sink; Mazagon Dock, GRSE, Cochin Ship tank up to 10%

Cochin Shipyard, Garden Reach Shipbuilders & Engineers and Mazagon Dock Shipbuilders have corrected up to 51% from their respective 52-week highs touched in July 2024.

RIL stock sees 'Death Cross' on charts just days ahead of bonus record date

Reliance could seek support around its 100-WMA in the run-up to the bonus record date; Whereas, PNC Infratech too has witnessed a 'Death Cross' and could slide another 21% from here on.

Earnings disappointment a catalyst for market correction: Analysts

The developments come at a time when the markets are already grappling with geopolitical developments in West Asia and the uncertainty surrounding the outcome of the US presidential polls

RVNL, IRCTC, IRFC: Railway stocks trading 33% off highs; time for a relook?

Tech charts show that RVNL, IRCTC, IRFC, RailTel and Texmaco Rail were trading below long-term moving averages on the daily scale; however, select stocks were seen seeking support on the weekly scale.

Time to think contrarian in market; pick quality over value: Nimesh Chandan

Investors are switching to sectors with strong earnings visibility. We have changed our portfolio towards high allocation to large-cap, says Nimesh Chandan, CIO, Bajaj Finserv Asset Management

Bajaj Housing Finance slips 10%, hits lowest level since listing; check why

Last week, HSBC Global Research initiated coverage on Bajaj Housing Finance with 'Reduce' rating and a target price of Rs 110 per share.

Markets in the times of war: Sharp correction and then a swift recovery

Stock market today: Events such as a war do present a buying opportunity for long-term investors, analysts said

Stock market strategy: Where to invest as Israel war escalates, oil rises

Stock market crash: The BSE benchmark has tumbled nearly 3,500 points from its record high level of 85,978 level, touched on September 27, 2024

Market Crash Highlights, Oct 3: Israel war triggers 1769-pt sell off in Sensex; Nifty ends at 25,250

Share Market Crash Highlights, Oct 3: MidCap, SmallCap indices closed up to 2.2 per cent lower. Fear gauge, India VIX, soared 9.4 per cent today