Business News

Hospital stocks trade weak: Max Healthcare, Fortis, Apollo fall up to 7%

FinSiddhi

At 2 PM on Wednesday, the BSE Hospital index was the top loser among sectoral indices, down 3 per cent, compared to a 0.77 per cent decline in the BSE Sensex.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Related Posts

Sensex falls over 300 points, Nifty below 24,550 as oil prices rise. What lies ahead?

On Tuesday, Indian stock markets experienced a downturn influenced by increasing oil prices and escalating tensions in the Middle East. Nevertheless, the broader markets displayed resilience as small and midcap indices thrived. Foreign institutional investors found encouragement in favorable Q1 outcomes and a stable rupee, suggesting that the market could maintain its strength with a…

FII stake in India’s 10 biggest stocks hits 20-year low. Time to go against the crowd?

Foreign investors are holding their lowest stake in India’s top 10 companies in two decades, coinciding with valuations dipping below long-term averages. This presents a potential contrarian opportunity for long-term investors, as these high-quality stocks now appear undervalued. Experts suggest this under-ownership could reverse, leading to outperformance by large-caps, especially as geopolitical risks subside and…