Honasa Consumer, Rashi Peripherals in focus as Nifty tumbles 1.16% tracking KOSPI rout
Indian benchmarks slid sharply with Sensex shedding 893 points to 76,200 and Nifty falling 278 points to 23,824. Consumer-facing names Honasa Consumer (Mamaearth parent) and electronics distributor Rashi Peripherals are among stocks in focus. Government separately announced a 2% OFS stake sale in IRFC starting Wednesday.
Indian markets fell sharply tracking KOSPI's plunge, with Nifty down 1.16%. Stocks in focus include Honasa Consumer and Rashi Peripherals among consumer/retail names. Government to sell 2% stake in IRFC via OFS starting Wednesday.
Also reported by
- The Hindu BusinessLine — Same time