Indian stock markets surged on Wednesday, breaking a two-day losing spell. Positive global sentiment and other factors propelled investor confidence, with Sensex and Nifty 50 registering significant gains. The market capitalization saw a substantial increase, adding nearly Rs 2.5 lakh crore. While FMCG and Realty sectors led the charge, IT stocks experienced a downturn.
Did HEG shares really crash 64% in one day? Here’s how the demerger math works
HEG shares opened nearly 64% lower on Monday as the stock adjusted for the company’s demerger, which split its businesses into two separately listed entities.