Markets have been drifting lower for a long time, providing opportunities to purchase excellent companies at a discount. Continue reading to learn more about such stocks.

On Friday, markets opened in red intensifying their downtrend from Thursday. With markets in bear grip, the unconvinced bulls are looking at important levels of 15,000 Nifty for support. Nifty made an intraday low of 15,183 levels on Friday and is seen trading in a volatile manner. 

The domestic equities market got off to a shaky start on Friday with broader indices slipping in the early trade due to weak global indications. The sharp sell-off in the United States was caused by negative global cues as investors' enthusiasm for equities worsened following the release of US inflation data.

Silver Pearl Hospitality & Luxury Spaces Limited became the 375th company to get listed on the BSE SME Platform on June 17, 2022. The company came out with an initial public offering of 50,00,000 Equity Shares of Rs.10 each for cash at a price of Rs. 18 per equity share , aggregating to Rs. 9.00 crore. The company has successfully completed its public issue on June 09, 2022.

Being one of the largest providers of cancer care in India combined with our focus on molecular diagnostics and genomic-driven treatment pathways, HCG is well-poised to lead the transformation in cancer care that India needs and deserves; asserts Raj Gore, CEO, Healthcare Global Enterprises Limited.

After a 2 per cent fall in the previous session, at the pre-opening bell today, the frontline index S&P BSE Sensex opened in red at a loss of 230 points or 0.45 per cent. 

On Thursday, Bank Nifty declined by a humongous 722 points or 2.17 per cent. With this sharp fall, it closed below its prior swing low, which was last marked in mid-May.

BSE Smallcap index plunged 2.87 per cent to end the session at 24,346.96.

Activity in the F&O market for the weekly expiry on June 23 shows 15000 to act as support now. 

The equity markets closed deep in red on the weekly expiry day and ended down over 2 per cent due to weak global cues. The benchmark indices opened higher as a reaction to the rate hike by the US Fed, but couldn’t hold the gains for long and traded lower as the trading session ended.