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Nifty IT Plunges 21%, Erases ₹8.4 Lakh Crore; Top Stocks Under ₹100 and 40% Upside in Adani Group Picked for Holika Dahan 2025!

  • By admin
  • March 13, 2025
  • 43 Views

Market Update:

  • Nifty IT Bear Market: Nifty IT slips 21% from highs, wiping out ₹8.4 lakh crore in value.
  • Sector Losses: 9 out of 10 Nifty IT stocks in bear market territory; LTIMindtree down 34%, Infosys & TCS down 24%.
  • Adani Green Energy: Analysts bullish with 50% upside potential; Macquarie targets ₹1,200.
  • Stock Market Trends:
    • BSE Sensex up 0.16%, Nifty50 up 0.10% as of 9:18 AM.
    • Market sentiment mixed after US trade tensions; volatility expected.
    • Focus on large & midcap stocks amidst weak global cues.
  • Stocks to Buy Under ₹100: Experts recommend TTML, Suzlon Energy, Popular Vehicles, Restaurant Brands, PFOCUS, and Paradeep Phosphates.
  • Holika Dahan 2025 Outlook: Market to stay range-bound with volatility; Nifty 50 support at 22,300, resistance at 22,700.

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