INVESTING UPDATE 24

 Stock Market Crash: Indian stock markets suddenly crashed on Wednesday 20th December. Sensex took a dive of 930 points. Nifty closed with a loss of 300 points. The fall was so sharp that investors lost Rs 9.32 lakh crore in a day. Experts say that there is not just one reason behind this decline, but many reasons. Stock Market Crash: Indian stock market on Wednesday 20 December  Suddenly he collapsed. Sensex took a dive of 930 points. Nifty closed with a loss of 300 points. The fall was so sharp that investors lost Rs 9.32 lakh crore in a day. Experts say that there is not just one reason behind this decline, but many reasons. This ranges from profit booking, increase in Covid cases in some parts of the country, rise in crude prices, FII's. 1. Profit booking A major reason behind Wednesday's fall in the stock market was profit-booking. The market was touching new peaks every day for the last few days. In such a situation, market observers were expecting a good profit boo...

 Sensex Today: Sensex Today: Sensex and Nifty witnessed heavy selloff on Wednesday, stepping back from all-time high levels. The selling came even as the global market mood remained upbeat. Barring IT and FMCG indices, all sectors traded with cuts. The fall in the broader markets was more pronounced vs Nifty50. Stock Market Highlights Doms shares list at 77% premium India Shelter Finance shares debut at 26% premium Azad Engineering IPO opens for subscription Paytm CEO sees full operating profit in under a year Ola Electric likely to file IPO papers today Market View Even as the holidays are fast approaching, the market is not in a holiday mood. It is consolidating but at higher levels. The steady rise in the mother market US, which has helped the Dow to set a new record high, is exhibiting the same trend. The fact that the fear gauge - VIX - is at a low level of 12 is an indicator of the underlying strength of the market. Valuations in the mid and small cap segments are excessive. ...