Stock market crash, March 19 -- Amid heightened market volatility driven by escalating geopolitical tensions and rising crude oil prices, nearly one-fifth of the Nifty 50 stocks slipped to their 52-week lows, reflecting broad-based weakness across sectors.
Heavyweights such as HDFC Bank (-5%), Infosys (-4%), and Bajaj Finance (-6%) led the decline, alongside IT majors like Tata Consultancy Services and Wipro. Financials including Kotak Mahindra Bank and Bajaj Finserv also saw sharp cuts, while defensives such as ITC, Hindustan Unilever, and Cipla were not spared, highlighting the intensity of the sell-off across the market.
Ruchit Jain, Head - Equity Technical Research, Wealth Management, Motilal Oswal Financial Services, noted that the...
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