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Ah, what a fantastic start to the week! If you thought monday mornings couldn’t get any worse, the stock market is here to prove you wrong. Nifty and Sensex decided to take the scenic route—straight down—falling over 1% as IT stocks crumbled under pressure. Because, you know, why should tech companies have a good time when the rest of us are struggling to survive the monday slump?
Meanwhile, swiggy, Brigade Enterprises, Niva Bupa health Insurance, aster DM Healthcare, and Bharti airtel stocks are all set to be in the spotlight today. swiggy might be celebrating more customers doom-scrolling through the market crash while ordering comfort food, and Bharti airtel will probably see a surge in calls from panicked traders checking if their broker has gone AWOL.
But wait, there’s more drama! The indian steel industry is now screaming for safeguard duties, worried about an influx of cheap steel from japan and South Korea. The US decided it doesn’t want our steel, but who cares? The bigger issue is that our Asian neighbors might flood our market with their leftovers. Because nothing says "global trade" like a bunch of countries playing musical chairs with surplus steel.
So buckle up, folks—it's just another chaotic day in the indian stock market. Grab your popcorn (or stress balls), and let’s see if this nosedive finds a trampoline or a deeper pit to fall into.