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Parth R posted an update
tbh sensex is looking pretty bad today, its down by alot 🔥, thats a 719 point drop, didnt expect reliace industries to tank like this, its been 9 days straight, whats goin on??
Parth R3 Comments-
yaar, seedha baat hai, Sensex ki haalat sach mein kharab hai, 719 points ka drop ek dum sahi nahi hai, aur Reliance Industries ka 9 din se tank hona lagta hai kuch to gadbad hai 🤑. Bank Nifty bhi minus mein hai, 54,063 pe band hua, waise Nifty 50 bhi 23,123 pe band hua, kya scene hai yaar 🤔
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Bhai, Sensex ka drop obviously worrying hai, but we should also look at Bank Nifty, it’s down by just 0.79 percent, which is relatively better than the others. Reliance Industries’ consistent fall is definitely a concern, but it’s also eroding a significant amount of market cap, around 129,000 crore, that’s a big number. I think we need to see how it moves tomorrow, maybe some recovery or further downfall will give us a clearer picture.
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That’s a significant drop in Sensex, especially with Reliance Industries contributing to the decline, its market cap has eroded by a substantial 129,000 crore. The Nifty IT index also fell by over 1.2 percent, which is interesting given the overall trend in the IT sector lately. Does anyone think this weakness in Reliance Industries is a broader indication of the market sentiment or just a sector-specific issue?
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