Nazara Technologies has slumped 18.25% in just three trading sessions, hitting a low of Rs 1,145.55 on the BSE today, as worries around the government’s new online gaming regulations sparked heavy selling. The steep fall has left investors wondering if the stock’s slide is set to deepen or if it’s an opportunity for long-term buyers. … Read more
Indian market closed in the green for the second consecutive day on Friday. The S&P BSE Sensex rose more than 100 points while the Nifty50 reclaimed 17800 levels. Sectorally, buying was seen in IT, banks, metal, auto, public sector, and healthcare stocks while some selling was visible in telecom, utilities, power, and realty space. Stocks … Read more
MUMBAI: Nazara Technologies has been one of the standout stocks of the past 12 months. Since its listing earlier this year, it has been a multibagger. Backed by veteran investor Rakesh Jhunjhunwala, the gaming technology company had caught investors’ imagination over the past nine months. In recent weeks, though, the stock has been down in … Read more