Benchmark indices closed lower for second consecutive day amid
liquidity crisis and weak global cues.The Sensex fell 71.53 points to 39,122.96 and the Nifty
declined 24.40 points to 11,699.70.The Nifty Midcap and Smallcap indices
dropped 0.4 percent each.UPL, Yes
Bank, M&M, Indiabulls Housing
and TCS were top gainers among Nifty50 stocks, rising 1-5 percent
whereas JSW Steel, ONGC, Eicher Motors, Tata Steel
and Vedanta fell 2-3 percent.Reliance Power, PC Jeweller, IFCI, Glenmark Pharma, Mahanagar
Gas, IGL, Gujarat Gas, Motherson Sumi, Cadila Healthcare, Edelweiss
FInancial and Dish TV were down 3-12 percent.Stock of the day Glenmark Pharma hits 6-year low
after USFDA issues CRL on Ryaltris.Cox & Kings frozen at 20% lower circuit;
stock hits all-time low.Jain Irrigation soars 72% in two days after mgt
clarifies on price movement.Auto stocks decline post NITI Aayog's directive on
electric vehicle. Emami slips 7%, hits lowest level since August 2014 after
huge block deals.
No comments:
Post a Comment