The market has undergone a sharp correction ahead of the announcement of the Union Budget on February 1. For the first time since last September, the market has fallen for four consecutive days.

The stock market is up more than 5 per cent from its highest level ever. The Nifty, which touched an all-time high of 14,750 last Thursday, has since fallen nearly 800 points.

The gains in the stock market in January were completely offset by this correction. The Nifty closed at 13,967, up from 13,981 points on December 31. The important support at 14,000 has been breached. The Sensex closed below 47,500.

Thirty-eight out of 50 stocks in the Nifty traded lower. All sectors except FMCG Index lost ground. The Nifty Bank Index fell by 900 points. Nifty metal, pharma, auto and real estate indices fell more than 2 per cent.

The biggest losers were Tata Group stocks such as Tata Motors, Tata Steel and Titan. These fell by more than four per cent.

Tech Mahindra was the biggest gainer among Nifty stocks. Tech Mahindra shares rose 2.62 per cent.

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The disappearing message feature can be used for individual chats as well as groups.

To make use of the feature, users have to enable it by tapping on a contact’s name. The disappearing message option if turned on will delete the messages after seven days.

Announcing the feature, Whats App wrote in its blog, “We’re starting with 7 days because we think it offers peace of mind that conversations aren’t permanent, while remaining practical so you don’t forget what you were chatting about. The shopping list or store address you received a few days ago will be there while you need it, and then disappear after you don’t.”

The feature will be rolling out to users everywhere this month and both the Android and iOS users will get the new feature.

Disappearing messages will also wipe out photos and videos after seven days, and while messages will disappear for both parties it’s still possible to take screenshots or just simply copy messages before they’re automatically deleted.

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