{"id":115930,"date":"2023-12-20T17:28:47","date_gmt":"2023-12-20T11:58:47","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115930"},"modified":"2023-12-20T17:28:52","modified_gmt":"2023-12-20T11:58:52","slug":"fundamentally-strong-stocks-that-corrected-up-to-8-due-to-bloodshed-in-the-markets-today","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/fundamentally-strong-stocks-that-corrected-up-to-8-due-to-bloodshed-in-the-markets-today\/","title":{"rendered":"Fundamentally strong stocks that corrected up to 8% due to bloodshed in the markets today"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1803766762\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The Indian benchmark indices slipped sharply after scaling their lifetime peaks in Wednesday&#8217;s trading session. The Sensex slumped approximately 930 points and closed at 70,506.31 while the broader Nifty index fell around 300 points closing at 21,150.15.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3155095156\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h3 class=\"wp-block-heading\"><strong>Here are some of the probable reasons for the stock markets to fall today: <\/strong><\/h3><h4 class=\"wp-block-heading\"><strong>FII-DII data\u00a0<\/strong><\/h4><p>Foreign Institutional Investors (FIIs), on a net basis, sold equity shares of Indian listed companies offloading shares worth Rs 600 crores On the other side, the Domestic Institutional Investors (DIIs) bought shares worth Rs 295 crores.&nbsp;<\/p><h4 class=\"wp-block-heading\"><strong>Rise in Covid-19 cases&nbsp;<\/strong><\/h4><p>According to the Union Health Ministry data, India has witnessed a surge in Covid-19 cases with 614 fresh infections recorded in the past 24 hours, the highest since 21st May. The rise in cases is due to the Covid sub-variant, viz, JN.1, which was first detected in the state of Kerala.&nbsp;<\/p><h3 class=\"wp-block-heading\">Listed below are five stocks that corrected up to 8 percent in Wednesday\u2019s trading session after the bearish sentiments in the Indian equity markets:&nbsp;<\/h3><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/MARUTI\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Maruti Suzuki India Limited<\/a>\u00a0<\/strong><\/h4><p>With a market capitalization of Rs 3.04 lakh crores, the stocks of Maruti Suzuki India Limited, a market leader in passenger vehicle segment in India, started their trading session on Wednesday at Rs 10,235.25 and closed at Rs 10,070.10, slipping approximately 2 percent as compared to the previous closing levels of Rs 10,235.25 apiece.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2683889068\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/531201\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">Shilchar Technologies Limited<\/a>\u00a0<\/strong><\/h4><p>With a market capitalization of Rs 1,736.47 crores, the stocks of Shilchar Technologies Limited, engaged in the business of manufacturing electronics, telecom, and power &amp; distribution transformers, started their trading session on Wednesday at Rs 2,415 and closed at Rs 2,276.80, slipping approximately 5 percent as compared to the previous closing levels of Rs 2,390.40 apiece.&nbsp;<\/p><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/TITAGARH\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Titagarh Rail Systems Limited<\/a>\u00a0<\/strong><\/h4><p>With a market capitalization of Rs 13,466.70 crores, the stocks of Titagarh Rail Systems Limited, engaged in the manufacturing and selling of freight wagons, etc, started their trading session on Wednesday at Rs 1,057.35 and closed at Rs 999.95, slipping approximately 5 percent as compared to the previous closing levels of Rs 1,047.50 apiece.<\/p><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/EXIDEIND\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Exide Industries Limited<\/a>\u00a0<\/strong><\/h4><p>With a market capitalization of Rs 24,420.50 crores, the stocks of Exide Industries Limited, engaged in the manufacturing of storage batteries and allied products in India, started their trading session on Wednesday at Rs 307.15 and closed at Rs 287.30, slipping approximately 6 percent as compared to the previous closing levels of Rs 305.05 apiece.&nbsp;<\/p><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/IRCTC\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">Indian Railway Catering and Tourism Corporation Limited<\/a>\u00a0<\/strong><\/h4><p>With a market capitalization of Rs 65,244 crores, the stocks of Indian Railway Catering and Tourism Corporation Limited, a PSU company providing online railway tickets, catering services, etc, started their trading session on Wednesday at Rs 886 and closed at Rs 815.55, slipping approximately 8 percent as compared to the previous closing levels of Rs 881.30 apiece.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Amit Madnani<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-787740072\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The Indian benchmark indices slipped sharply after scaling their lifetime peaks in Wednesday&#8217;s trading session. The Sensex slumped approximately 930 points and closed at 70,506.31 while the broader Nifty index fell around 300 points closing at 21,150.15.&nbsp; Here are some of the probable reasons for the stock markets to fall today: FII-DII data\u00a0 Foreign Institutional [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1513,31],"tags":[948,936,15300],"class_list":["post-115930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editor-pick","category-news","tag-stock-market","tag-stock-market-news","tag-why-did-markets-fall-today"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fundamentally strong stocks that corrected up to 8% due to bloodshed in the markets today - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/fundamentally-strong-stocks-that-corrected-up-to-8-due-to-bloodshed-in-the-markets-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fundamentally strong stocks that corrected up to 8% due to bloodshed in the markets today\" \/>\n<meta property=\"og:description\" content=\"The Indian benchmark indices slipped sharply after scaling their lifetime peaks in Wednesday&#8217;s trading session. The Sensex slumped approximately 930 points and closed at 70,506.31 while the broader Nifty index fell around 300 points closing at 21,150.15.&nbsp; Here are some of the probable reasons for the stock markets to fall today: FII-DII data\u00a0 Foreign Institutional [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/fundamentally-strong-stocks-that-corrected-up-to-8-due-to-bloodshed-in-the-markets-today\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-20T11:58:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-20T11:58:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-down-1-Cover-Image-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/fundamentally-strong-stocks-that-corrected-up-to-8-due-to-bloodshed-in-the-markets-today\/\",\"url\":\"https:\/\/tradebrains.in\/features\/fundamentally-strong-stocks-that-corrected-up-to-8-due-to-bloodshed-in-the-markets-today\/\",\"name\":\"Fundamentally strong stocks that corrected up to 8% due to bloodshed in the markets today - 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