Nifty recorded its biggest single-session fall in over 4 years. The Nifty Midcap and Nifty Smallcap indices also reported their biggest-ever fall in absolute terms while Nifty Bank plunged nearly 8%. FMCG space saw some buying. Public sector, infrastructure and CPSE indices saw heavy selling pressure, down by over 15% each.
SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions
SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with