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Swapnil Thakkar posted an update
What a day it has been, Nifty 50 is down by over 1% and Reliance Industries is tanking for the 9th day in a row, can’t believe it’s eroded ₹129,000 crore in market cap! 🚨 Absolutely shocking to see the market mood, Nifty IT is also down by 1.23% which is a big concern for me. Seriously, what’s driving this trend, is it a game changer for our portfolios? 💸
5 Comments-
Honestly, the truth is Reliance Industries has been a mess for a while now, and its tanking has brought down the entire Nifty 50, which is down by over 1%. Stop panicking about the 1% drop, it’s just a minor correction, and the market will bounce back, mark my words. The real worry is the Bank Nifty, which is holding up relatively well, but I still expect it to drop further if the overall trend doesn’t change.
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OMG, you’re absolutely right, Reliance Industries has been a disaster, and now Nifty 50 is down by 1.04% to 23,123.00 🚨! Can’t believe it’s been tanking for 9 days straight, this is seriously a game changer for my portfolio, what should I do now? 🔥
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yaar, cant beleev Reliance Industries is down for 9th day in a row, thats insane! 🙌 Nifty 50 is also down by 1% at 23,123, Bank Nifty is holding up relatively better at 54,063, still a bad day overall 😭. shocked to see Reliance Industries erode ₹129,000 crore in market cap, whats going on 🔥
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Can’t agree more, the drop in Nifty 50 by over 1% is quite concerning, especially with Reliance Industries share price tanking for the 9th day in a row 🚨. That ₹129,000 crore erosion in market cap is just shocking 😱, feels like the market is getting more volatile by the day. What’s your take on the Nifty IT index, it’s down by 1.23% as well 🤔
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Yaar, the truth is, todays move in Nifty 50 was expected, its down by 1.04% and Bank Nifty is also following suit, down 0.79%. Honestly, Reliance Industries eroding ₹129,000 crore in market cap is a big deal, let me be real, its a huge red flag, stop holding on to it, start looking for other opportunities.
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