Equity markets took a heavy beating with the BSE Sensex tumbling 1,062 points on Thursday. Analysts said investors are trimming their equity exposure at a faster pace as the election season heats up, which can be seen from the drubbing that mid and small-caps received. Stocks that were in focus include names like IRB Infra, … Read more
Shares of Pharma major, Dr Reddy Laboratories fell 5.2% in Wednesday’s session on BSE to hit the day’s low of Rs 5,952.10 as the brokerages were not impressed even after the company reported a 36% year-on-year (YoY) jump in quarterly net profit. The company said that the jump in YoY net profit was largely driven … Read more
The Indian market is expected to consolidate on Wednesday tracking muted global cues. The S&P BSE Sensex fell more than 300 points while the Nifty50 closed below 21,700 levels on Tuesday. The Nifty future closed negative with losses of 0.62% at 21,754 levels. India VIX was down by 0.68% from 14.68 to 14.58 levels in … Read more
