On October 9, 2023, the Indian stock market experienced a decline, with both the Sensex and Nifty indices closing in the red. The Sensex was down by 0.69%, closing at 65,538.68, while the Nifty 50 index ended the day 0.72% lower at 19,511.80. Several factors contributed to this decline, including concerns about a potential recession in major economies, the ongoing Ukraine conflict affecting global energy and commodity prices, the strengthening of the US dollar against the Indian rupee, and investors engaging in profit-booking ahead of the upcoming earnings season. The banking, metal, and IT sectors were among the notable losers, with the Nifty Bank, Nifty Metal, and Nifty IT indices closing down by 1.07%, 1.06%, and 0.13%, respectively. Some of the major stocks that incurred losses included Reliance Industries, ICICI Bank, HDFC Bank, TCS and Infosys, and Despite the overall market decline, there were a few sectors that performed well, offering a ray of positivity. The h...