Key Points
NEW DELHI: Sensex on Friday dropped by 453.85 points to settle at 72,643.43 while Nifty declined by 123.30 points to settle at 22,023.35...
Small- and mid-cap stocks, which are more focused on the domestic market, showed slight gains early in the trading session, with a 0.8% and 0.45% increase, respectively...
The stress test outcomes for these mutual funds are crucial as they will reveal how well these funds can manage sudden redemption pressures...
V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, highlighted the importance of the stress test results for mid and small-cap mutual funds..
In the sector-wise performance, Nifty IT, Bank, Auto, Metal, Pharma, and Oil & Gas sectors experienced declines, while Nifty Realty and Media sectors saw an increase.. In the global markets, Asian markets faced a decline, with the MSCI Asia ex-Japan index dropping by 1.1%..
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