Global Surfaces debuts with a 17% premium at Rs 164 on the stock exchange, following good subscription numbers and a recovery in equity markets. However, concerns remain regarding falling operating margins.
At 10 am, the stock market showed a decline with the BSE Sensex down 99.13 points or 0.17 percent at 58,115.46, and the NSE Nifty 50 down 26.60 points or 0.16 percent at 17,125.30. Of the shares traded, 1694 advanced, 1104 declined, and 119 remained unchanged.
The BSE Sensex and NSE Nifty started off on a negative note on Tuesday, March 23, amid global cues. The Sensex was down by 1,000 points in early trade, while the Nifty was trading below the 14,700 mark.
Inflation is another factor that has had an impact on the stock market. High inflation can lead to a decrease in purchasing power, which can negatively impact the stock market. High inflation can also lead to higher interest rates, which can make it more expensive for companies to borrow money and invest in their business.
Economic uncertainty is another factor that has had an impact on the stock market. With the COVID-19 pandemic and the economic slowdown, there has been a lot of uncertainty in the market. This has made it difficult for investors to make decisions about where to invest their money.
Despite the volatility in the stock market, there are strategies that investors can use to navigate the market. Diversification and long-term investing are two strategies that can help to mitigate risk and benefit from the growth of investments over time.
