Title | : | Bloodbath on D-ST as Paytm free fall continues | Indian Development Debate |
Duration | : | 23:43 |
Viewed | : | 2,364 |
Published | : | 22-11-2021 |
Source | : | Youtube |
It was bloodbath on Dalal Street today with all sectors bleeding. The Nifty slipped below the 17,500-mark, whereas the Sensex tanked over 1100 points. The public sector banks, auto and realty were the worst-hit sectors. Indian markets witnessed their worst single-day loss in seven months. Meanwhile, the free fall of the PayTM stock continued, with the fintech giant's market capital dropping over ₹50,000 crore after a disastrous market debut. Shares of the company fell as much as 18% after the 27% decline on listing day. What could be the possible cause for this carnage? Was a market correction inevitable or has the frenzy of IPOs with steep valuation dampened sentiment? To know all this and more, watch the India Development Debate with Nikhil Kamath, Co-Founder & CIO, Zerodha, Ajay Bagga, Market Expert, K. Ganesh, Promoter - Bigbasket, Portea Medical , Homelane and Ashneer Grover, Co-Founder & MD, BharatPe. Tune in!
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