Sensex climbs 218 points, Ola Electric continues to slide
The Indian stock market closed in the green on Friday with both the Sensex and Nifty indices jumping upwards. Ola Electric’s stock continued to tank and closed at a record low of Rs 86.95. After making its public debut at Rs 76 apiece, the Bhavish Aggarwal-run EV company’s stock once reached an all-time high of Rs 157.40. The stock has fallen over 45 per cent from its highest level since then. On Friday, Ola Electric’s stock touched a low of Rs 85.02 and a high of Rs 88. Meanwhile, buying was seen in all sectors including auto, PSU banks, fin services, metal, realty, media, and energy except the IT and FMCG sectors.