Benchmark indices ended
a volatile session marginally lower on Thursday with IT and Pharma stocks
dragging the indices down.The Sensex dropped 50 points, to finish at 38,981 levels,
with TATA Motors, ICICI Bank, IndusInd Bank, Infosys and HCL Tech among the biggest losers. Of the 30
constituents, 15 ended the day in green while as many were painted red.Nifty50 failed to hold the 11,750 level and closed at 11,725 levels, down 23
points, or 0.20 per cent. About 1,053 shares advanced, 1,442 shares
declined, and 163 shares remained unchanged. BUZZING STOCKS Ashok Leyland
gains 4% post April sales number, credit rating upgradeBiocon nears 52-week
low, falls 5% after reporting mixed numbers in Q4
Escorts shares dipped almost 8 per cent to Rs 58.90 after the farm equity
major reported a 15 per cent decline in tractor sales to 5,264 units in April
2019. The company had sold 6,186 tractors in the same month last year.
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