News for CarTrade Tech Limited (CARTRADE.BO)

The Nifty IT index closed 0.71 per cent down at 35370.05.

The NSE Nifty index closed 156.1 points down at 24680.9

The Nifty Bank index closed 0.79 per cent down at 56084.9.

Vimta Labs, Sudarshan Chemical, Times Guaranty, CarTrade Tech and UPL (PP), hit their fresh 52-week highs during the day.

Equity benchmark indices continued to trade lower in the mid-trading session on Monday. Kotak Mahindra Bank dragged the banking and financial stocks. Tech-heavy IT stocks dipped as investors reacted to concerns over workforce cuts at TCS.

Equity benchmark indices staged a mild recovery on Tuesday after falling for four trading sessions, boosted by dip in retail inflation, optimism on potential RBI rate cuts and steady foreign capital inflows.

Stock market plunges on weak corporate results and global trade fears, with Nifty IT down 1.54% and smallcaps outperforming.

Top gainers & losers today: Banking stocks fell, including NBFCs Cholamandalam, IIFL Finance, Muthoot Finance, Manappuram Finance as RBI revised repo rate and aims to issue comprehensive regulations on prudential norms for gold loans.

The Nifty Pharma index closed 1.34 per cent up at 21625.9.

AGI Infra Ltd., ITC Hotels, Manappuram Finance, CarTrade Tech and AXISCADES Engg Tech, hit their fresh 52-week highs during the day.

The Nifty Auto index closed 0.61 per cent up at 21756.0.

In the Nifty50 index, 38 stocks closed in the green, while 12 stocks ended in the red.

The Nifty Bank index closed 1.06 per cent up at 50593.55.

The Nifty Realty index closed 0.98 per cent up at 862.75.

The Nifty IT index closed 0.07 per cent up at 36702.8.

In the Nifty 50 index, 38 stocks ended in the green, while 12 stocks closed in the red in today's trade.

Hindalco, Infosys, Wipro, Trent and Tata Steel were among the top losers on NSE in today's trade.

Despite market volatility, 56 stocks have retained multibagger status, delivering up to 760% returns since March 2024. Smallcaps like Ashika Credit Capital, Aayush Art, and Indo Thai Securities led gains, significantly outperforming the broader market, which returned only 1.6%.

New-age stocks have plunged over 50% in 2025 as investors reassess valuations and earnings. Companies like Mobikwik, Swiggy, and Ola Electric have fallen significantly, with several trading below IPO prices amid market downturns.