Today: 20 March 2026
Browse Category

NSE:LTIMINDTREE 21 January 2026

Sensex, Nifty hit three-month lows again as rupee sinks to a record — what to watch next

Sensex, Nifty hit three-month lows again as rupee sinks to a record — what to watch next

Indian stocks fell Wednesday, with the Nifty 50 down 0.3% and Sensex off 0.33%, as foreign investors sold $3.23 billion in January. The rupee hit a record low of 91.7425 per dollar. HDFC Bank dropped to a nine-month low, while Reliance Industries and ICICI Bank slid after weak earnings. Ola Electric named Deepak Rastogi CFO and cut its 2026 revenue forecast.

Stock Market Today

  • Stora Enso Share Price Declines 15% in One Month Amid Valuation Debate
    March 20, 2026, 11:48 AM EDT. Stora Enso Oyj (HLSE:STERV) shares have dropped 15% over the past month, continuing a downward trend with a 9.2% weekly decline and 10.6% fall year to date. Despite this, the stock's 1-year total return remains positive at 2.9%, underscoring mixed investor sentiment. Simply Wall St's valuation model estimates a fair value of €11.55, above the current close near €9.67, suggesting the stock is undervalued. This outlook is supported by Stora Enso's focus on sustainable packaging and growth in renewable products. However, the valuation depends on stable demand and pricing; rising wood and energy costs could undermine margins. Investors face a complex picture balancing recent share price weakness against potential long-term growth in a shifting market landscape.
Go toTop