Stocks to buy, Feb. 24 -- The Indian stock market benchmark indices, Sensex and Nifty 50, extended their losses on Monday, and traded nearly a percent lower each amid weak global market cues.
The Sensex crashed over 681 points, 0.91%, to 74,629, while the Nifty 50 was trading 208 points, or 0.92%, lower at 22,587. Bank Nifty index declined 530 points, or 1.08%, to 48,451.
Broader markets underperformed the frontliners, as the Nifty Smallcap 100 and the Nifty Midcap 100 index plunged more than 1% each. Baring Nifty Pharma, all other sectoral indices were trading in the red.
Meanwhile, Q3 results and management commentary of mid-cap companies indicate that demand is picking up in certain segments, while the broader outlook remains uncert...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.