Nifty slips yet another day; closes below 17,100 level, all sectors end in red

Adani group stocks have witnessed severe profit booking as well amidst fraud allegations.

Prasad Chavan / Tuesday, March 14, 2023 / Article rating: 5.0

Nifty slips yet another day; closes below 17,100 level, all sectors end in red, with major losses led by PSU Banks, IT and Metal stocks right from the start of the session. NSE Nifty 50 index has plunged 111 points which is around 0.65 per cent.

Blood Bath on D-Street; Nifty cracked 1.49 per cent as all sectors end in red

In the commodities market, the precious metals Gold and Silver rallied 1.6 per cent and 2 per cent respectively.

Prasad Chavan / Monday, March 13, 2023 / Article rating: 5.0

Panic selloff has been seen across all sectors, with major losses led by banking and auto stocks in the afternoon session.

Watch out for these penny stocks locked in the upper circuit on March 13

Breathing a sigh of relief, US authorities approved a plan for Silicon Valley Bank to protect depositors and ensure that no losses would be paid by taxpayers on Sunday (March 12) night.

Kaustubh Bhosale / Monday, March 13, 2023 / Article rating: 4.4

The Indian equity benchmarks Sensex and Nifty50 began the week with slight losses on Monday, as global markets reacted negatively to the closure of US-based SVB Financial Group.