INSUBCONTINENT EXCLUSIVE:
eggs might be the carrier of the virus.
Airline shares fell up to 5 per cent, as travel is getting hit due to the fast spreading disease
YES Bank, meanwhile, tumbled 7 per cent amid reports that the lender has approached mutual funds to raise funds.
Rebounding sharply from
worries of coronavirus are acting as a trigger for high volatility in equities
The market is trying to find a bottom after a vertical fall, but there is a need for some relief on the coronavirus front for that to
Street:Strides gets USFDA nodStrides Pharma Science announced its step-down wholly owned subsidiary, Strides Pharma Global Pte
Ltd, Singapore, has received approval for Tetracycline Hydrochloride Capsules USP, 250 mg and 500 mg from the United States Food - Drug
However, the stock dipped 0.89 per cent to Rs 462.50.
Tata Coffee begins e-comm websiteTata Coffee Limited, a subsidiary company of Tata
Consumer Products, announced on Wednesday the launch of its e-commerce platform
The website debuts with three variants of luxury single origin specialty coffee named 'The Sonnets-The voice of our estates.' Shares of the
company fell 1.94 per cent to Rs 346.90.
SBI Cards IPO subscribed 13 timesThe initial public offer of SBI Cards and Payment Services was
subscribed 13.26 times so far on the third day of bidding on Wednesday
treatment business of L-T Construction has bagged a significant order in the Sultanate of Oman
Shares of the EPC firm fell 1.26 per cent to Rs 1,166.90.
YES Bank tanks 7%Shares of YES Bank dropped 6.88 per cent to Rs 29.10 amid reports
that suggested the lender has approached mutual funds to raise some capital.
Airline stocks tumbleShares of airline companies tumbled as
traders expected coronavirus fears would make people travel less which in turn will hit their top line
Nifty Smallcap index fell 2.04 per cent to 5,574 dragged by Lemon Tree Hotels, Dish TV and Suzlon Energy
Nifty Midcap dipped 1.59 per cent to 16,733 and Nifty 500 slipped 0.69 per cent to 9,260.
Pharma, IT close in the greenNifty Pharma and
Nifty IT were only two sectoral indices that closed the day in green on NSE
The indices were up 1.98 per cent and 0.87 per cent, respectively
Among the biggest sectoral losers were Nifty Media, Nifty Banka and Nifty Financial Services
Most active stocksState Bank of India was the most active security on NSE in terms of value of transactions
It was followed by HDFC Bank, Reliance Industries, Tata Motors and Indiabulls Housing Finance
In terms of volume of transactions, Voda Idea topped the charts, followed by YES Bank, Tata Motors, SBI and NCC.
44 stocks turn bearishAs
They include DRA Consultants, Muthoot Finance, Camlin Fine Sciences, Lasa Supergenerics, Kallam Textiles, Nelco, Wanbury, Cochin Shipyard