Ola Electric’s Stock Stumbles Amid Market Turmoil

Ola Electric shares dropped 4% today, halting their recovery streak. The stock has declined over 6% in two days, though it remains 38% above its record low in November. The fall aligns with weak overall market trends. Analysts highlight key support at ₹92 and resistance near ₹98, advising caution as the stock faces volatility. Ola Electric is also addressing regulatory scrutiny over consumer complaints, adding pressure. While long-term potential exists, short-term investors are advised to tread carefully.