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It looked like a ‘Black Friday’ sale on Dalal Street as traders dumped Adani Group stocks relentlessly with many counters hitting multi-month and multi-year lows.

A total of 807 shares changed hands on the counter till 01:11PM (IST).

While India is doing markedly better on inflation, the global factors will have a significant impact on the RBI’s policy stance as it will need to balance interest rates and currency to protect the flight of capital from the country.

Additionally, in order to promote investments in ETFs, which are relatively safer products, especially for newbies and young investors, I would provide special tax incentive on similar lines to Additional NPS Contribution under Section 80CCD1B.

"Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations," Hindenburg said.

“One can have an asset allocation attitude but I do not see outside its risks in equities just now and also sentiment is a contra-indicator. When there is uncertainty, when people think things are going wrong, the next period returns are above average. One just compounds bad decisions by going with the flow and how everybody is feeling.”

A total of 99,550 shares changed hands on the counter till 12:29PM (IST).

Jyothy Labs, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 7485.55 Crore) operating in FMCG sector.

On the technical charts, the RSI of the stock stood at 53.12.

Control Print, incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 743.99 Crore) operating in IT - Hardware sector.