Big Movers on D-St: What should investors do with Jindal Saw, M&M and Tech Mahindra?

The Indian stock market closed in the red for the third consecutive day on Thursday, with the S&P BSE Sensex falling more than 100 points. The Nifty50 closed above 18100 levels. Sectors saw buying in banks and selling pressure in realty, power, oil & gas, and utilities. Stocks in focus include Jindal Saw, which rose more than 6%, Tech Mahindra, which fell 0.5%, and M&M, which dropped more than 1%.

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Govt keeps watch on market, but no hasty steps

It expects investors to see through the short-term volatility and properly appreciate the country’s robust macro-economic fundamentals, especially better medium-term growth prospects, compared to other