It's not just Zomato — From Happiest Minds to CDSL, some of India's hottest stocks are melting too

• Benchmark indices BSE Sensex and Nifty 50 are trading lower mirroring the losses in other Asian markets.
• Moreover, some of the hottest stocks in the Indian stock market are currently melting.
• Stocks like Central Depository Services (India), Dixon Technologies, Happiest Minds Technologies, IndiaMART, Navin Fluorine International, Shree Renuka Sugars, Intellect Design Arena are witnessing a decline.

After a year of exceptional performance by most of the companies as even BSE Sensex surged 35% in the last one year, finally investors seem to be booking profits now. Benchmark index BSE Sensex and Nifty 50 have been trading lower by 1.3% each at 11:04 a.m., on July 28.

Some of the hottest stocks in the Indian stock market have been witnessing a meltdown. Stocks like Zomato, Central Depository Services (India), Dixon Technologies, Happiest Minds Technologies, IndiaMART, Navin Fluorine International, Shree Renuka Sugars, Intellect Design Arena are witnessing a sharp decline.