New Delhi, Jan. 11 -- Transformers & Rectifiers, Elecon Engineering, Premier Energies, and Ather Energy were among 17 Nifty 500 stocks that ended last week with double-digit losses, as heightened geopolitical tensions and warnings of higher tariffs by US President Donald Trump weighed on investor sentiment.
The Nifty 50 ended lower over the past five trading sessions, shedding a cumulative 645 points, or 2.45%, marking its worst weekly decline in more than three months.
Investor confidence in Asia's third-largest economy took a hit amid fears of fresh US tariffs on Indian imports, escalating geopolitical tensions, and renewed bouts of foreign portfolio investor (FPI) selling, causing local equities to underperform their Asian peers in e...
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