Honasa Consumer, Salasar Techno Engineering, Vakrangee, Subex, Hardwyn India and Gensol Engineering are among 276 of 938 index constituents, which have fallen 75-80% from their 52-week highs levels.
Stocks including Tata Steel, M&M, Dr Reddy's Labs, Maruti Suzuki, RVNL, Mankind Pharma, Ola Electric, Tata Technologies and more will be in the spotlight on Wednesday, January 08.
One of the week’s most anticipated events is ITC Limited’s demerger of its hotel business, effective January 6, 2025. Eligible shareholders will receive 1 share of ITC Hotels for every 10 ITC shares held.
The Indian stock market is experiencing volatility, with small and mid-cap stocks facing significant declines. Influenced by global economic factors and political events, the market's future remains uncertain. While large-cap stocks appear more stable, analysts suggest opportunities exist in undervalued mid and small-cap companies.