The Sensex gained 169.51 points, or 0.29%, to close at 59,500.41. The Nifty advanced 44.60 points, or 0.25%, to end at 17,648.95. The Volatility Index, or VIX, rose 2.25% to 17.71, reflecting the uncertainty among traders about the market’s near-term prospects.
KPIT Tech plunges 24% in 3 months as auto demand weakens
KPIT Technologies faces a substantial 24% decline in stock value, predominantly due to obstacles in the automotive sector. The company’s net profit has notably decreased,