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At Financial Updates, we are committed to delivering timely and insightful financial news, trends, and analysis from around the world. See more
At Financial Updates, we are committed to delivering timely and insightful financial news, trends, and analysis from around the world. Our goal is to empower individuals, businesses, and investors with the knowledge they need to make informed decisions. Whether it’s market updates, investment tips, or economic forecasts, our expert team is dedicated to providing accurate and actionable content.

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Ankit Teacher

Shares of state-run REC Ltd. and Power Finance Corporation Ltd. closed with losses ranging between 2.5% and 4% on Monday, making them among the top losers on the Nifty PSE index, which itself dropped nearly 2%.

Following Monday’s decline, the shares of both REC and PFC have fallen in three out of the last four trading sessions. Additionally, both stocks have corrected by 11% from their respective record highs.