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Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 17.95 per cent and 17.82 per cent, respectively.

The Nikkei index was down more than 3,500 points at 32,385.01 by midafternoon Monday in Tokyo.

Stock Market Crash Today: Market expert Sandip Sabharwal has indicated that a 7% to 10% correction in Nifty could be beneficial for aligning valuations with long-term trends. He recommended waiting before investing afresh, noting that markets may take a few weeks to stabilize. Sabharwal remains positive on auto, industrials, and consumer durables sectors, while advising caution with financials.

The Nifty Pharma index was trading 1.46 per cent down at 21582.1.

​On August 2, three Nifty200 stocks appeared in the RSI Trending Up scan, signaling an uptrend as RSI values crossed above 50, indicating strengthening momentum and potential buying opportunities.

Chola Inv Finance shares fall 3.37% as Nifty drops

Updated at : 2024-08-05 12:20:01

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The stock quoted a 52-week high price of Rs 1476.9 and a 52-week low of Rs 997.4.

The Relative Strength Index of the stock stood at 47.4 on Monday.

Oil prices fell significantly on Friday, with Brent and U.S. West Texas Intermediate crude futures settling at their lowest since January. The drop was triggered by weaker-than-expected U.S. job growth and sluggish economic data from China. Manufacturing activity weakened across Asia, Europe, and the U.S., raising concerns over global demand and economic recovery.

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Taiwan stocks fell more than eight percent in the afternoon on Monday after poor US jobs data fuelled recession fears. The Taiex, the weighted index on the Taiwan Stock Exchange, had fallen 8.43 percent to 19,813.19 pm (0519 GMT) before morning trading closed, while chip giant TSMC had lost 9.52 percent. dhc/smw

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A total of 1,138,500 shares changed hands on the counter till 11:52AM (IST)

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