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The benchmark indices
made a subdued start to the week with metal stocks taking the heaviest hit
after US President Donald Trump's comment that he would raise tariffs on $200
billion of goods to 25 per cent on Friday from 10 per cent roiled the global markets.The broader Nifty50
index was down 114 points, at 11,598. About 1,146 stocks
declined and 588 shares advanced on the National Stock Exchange.BUZZING STOCKSCadila Healthcare shares hit a 52-week low of Rs
292, down 4 per cent in early morning trade on Monday after getting 14
observations from US health regulator for its Moraiya plant. However, the stock
recovered later in the day to end 1.22 per cent higher at Rs 307.70.
Shares of YES Bank slipped 5.3 per cent to Rs
166.30 after rating agency Icra downgraded the bank's tier-I and tier-II bonds
and infrastructure debt on deterioration in the credit quality of large ticket
borrowers. Goldiam International
bucked the day's trend to surge 11.93 per cent to Rs 113.55 after hitting its
52-week high of Rs 117 earlier in the day after investor Ramesh Damani
bought more than 1 percentage point stake in the company through open market.
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