The stock market witnessed a significant decline on Monday, with both the Nifty and Sensex resuming their downward trajectory after a week of relative stability. Smallcap and midcap stocks also declined significantly, signalling the broad-based panic selling on Dalal Street. FII SELLING BATTERS SENTIMENTThe stock market has been significantly impacted by heavy selling activity from foreign institutional investors. Amid the current market pullback, investors are encouraged to focus on stocks with reasonable valuations and strong earnings momentum,” he added. “The Indian market is encountering challenges due to slowing earnings growth.

Source: India Today November 04, 2024 17:06 UTC