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Tata Power's shares dipped 2.6% after announcing a partnership with Bhutan's Druk Green Power Corporation to develop 5,000 MW of renewable energy projects in Bhutan. The collaboration will focus on hydropower and solar projects, leveraging Bhutan's resources and India's energy demands.
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News and Media
Swaminathan Aiyar, Consulting Editor of ET Now, shared his insights on the Maharashtra and Jharkhand Assembly election exit polls, suggesting that while the BJP-led alliance might have a slight advantage in Maharashtra, the results remain uncertain. He highlighted the BJP's challenge with 'defector parties' and personally believes that the Congress-Uddhav Thackeray coalition might secure victory in both states.
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News and Media
Amid a weak market sentiment, the Nifty 50 index was able to snap its 7-day losing streak after settling 64.70 points or 0.28% higher at 23,518.50 in Tuesdays trading session.The index has fallen by nearly 10.5% from its peak of 26,277 made in September while the broader markets have also witnessed a slowdown. The Nifty smallcap 100 index has fallen around 6% in the month so far while the Nifty midcap 100 index has tumbled around 4%.Among the smallcap sector, stocks have witnessed a decline of as much as 78% from their 52-week high. Here is a list of 38 smallcap stocks that were the worst hit in the market decline:
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News and Media
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