
Market volatility is anticipated to continue, driven by foreign institutional investor (FII) selling and uncertainties surrounding U.S. policies, according to Gautam Trivedi of Nepean Capital. Several companies have reported declines in their stock prices following disappointing quarterly results. Trent shares have fallen 10% over two days, hitting a three-month low of Rs 6,270, despite reporting solid revenue and profit growth in Q2. Ircon International saw its shares plunge over 7% after a decline in net profit for the same period. Other notable declines include Cochin Shipyard, which dropped 5% to Rs 1,449.40, and SAIL, which fell 6.7% to an intraday low of Rs 115 per share after a 31% decrease in Q2 profit. Rail Vikas Nigam Limited (RVNL) shares also fell 7.02% to Rs 444, snapping a three-day rally, while Great Eastern Shipping shares declined 8% to Rs 1,187.90. Overall, the Nifty index has hit a four-month low, with Trent and Coal India leading the losses.



#LeadStoryOnET | Market volatility expected to persist amid US policy uncertainty, says Gautam Trivedi https://t.co/BVCg1g5BD6
#MarketsWithBS | Trent share price hit a three-month low of Rs 6,270 on the BSE today, falling 3.5% in Friday's intraday trade. https://t.co/PqC2zuOAik
#MarketsThisWeek | Nifty hits 4-month low this week; Trent, Coal India lead losses Here's how the market panned out! #Nifty #StockMarket https://t.co/bK4nmWUISY