Stock Market Today Live Updates: Sensex Tanks Over 1,400 Points, Nifty Below 22,700; Banks, IT Stocks Bleed

Stock Market Today Live Updates: Sensex Tanks Over 1,400 Points, Nifty Below 22,700; Banks, IT Stocks Bleed

Nifty 50, Sensex Today, Stock Market Live Updates: The Nifty50 and Sensex opened sharply lower, tracking weakness in global markets as geopolitical tensions escalated following US President Donald Trump’s ultimatum to Iran. At 9:15 AM, the Sensex was down 1,481.95 points, or 2%, at 73,051.10, while the Nifty 50 fell 467.85 points, or 2.02%, to…

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PSU Stocks Rally Losing Grip On Weak Profitability, Higher Expenses; Time To Rejig Portfolio? – News18

PSU Stocks Rally Losing Grip On Weak Profitability, Higher Expenses; Time To Rejig Portfolio? – News18

After chartbuster performance in recent months, PSU stocks are now tumbling across the board due to concerns about overvaluation, slowing earnings growth, and mandatory dividend payouts. In the last year, PSU stocks have witnessed a sharp rally riding on bullish sentiments and monopoly business. The BSE PSU index gained over 90 per cent in the…

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