Nifty slips below 17,200 ; Sensex falls 897 points.

Author - Samiksha Wakale

March 13, 2023

▫️Rayat Samachar▫️

Mumbai (Gurudatta Wakdekar) 13.3.2023

The benchmark index Nifty fell below 17,200 for the third consecutive session on March 13.

At the close, the Sensex was down 897.28 points or 1.52% at 58,237.85 and the Nifty was down 50,258.60 points or 1.49% at 17,154.30. About 768 stocks rose, 2745 stocks fell and 144 stocks remained unchanged.

In the Nifty, IndusInd Bank, SBI, Tata Motors, M&M and Eicher Motors were the major losers, while Tech Mahindra and Apollo Hospitals were the gainers.

All regional indices are coloured in red. The BSE Midcap index fell 1.8 per cent and the Smallcap index fell 2 per cent.

The Indian rupee closed at 82.12 per dollar against the previous close of 82.05.

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...because at present we are seeing a hidden alliance between the ruling party and the opposition party in the centre, state, municipal corporation and village panchayats around us. They are not seen doing public interest work towards the public. They seem to be going to the upper halls only for their own benefit. While going to these halls, they spend lakhs of crores of rupees and there they are seen doing the work of themselves and their crony capitalists. We do not see any opposition party functioning effectively at present. In the coming time, the people should be united with positive thinking, so the fourth pillar of democracy, i.e. journalism, should play the role of a capable opposition party by keeping sensibility towards the people