stock market

Massive Stock Market Crash: Sensex Tanks Dramatically

by
Massive Stock Market Crash: Sensex Tanks Dramatically

The Indian stock market experienced a significant downturn on Monday, with the BSE Sensex plummeting 2,222.55 points, or 2.74%, to close at a lower level. The benchmark Sensex fell by more than 2,400 points, mirroring the sharp decline in global markets. As a result of the steep fall in equities, the market capitalization of companies … Read more

JP associates share tank 5% as company defaults on loan payments

by
JP associates share tank 5% as company defaults on loan payments

Jaypee Group’s flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount. In a regulatory filing, Jaiprakash Associates Ltd (JAL) said the company on December 31 defaulted on repayments of the principal amount Rs 1,713 crore and interest of Rs 2,346 crore. The loans pertained to … Read more