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Indian share markets shed gains
Mon, 19 Nov 11:30 am

Indian share markets shed initial gains and traded in the red during the last two hours of trade. Sectoral indices traded mixed with consumer durable and realty stocks leading the gains while auto and IT stocks suffered losses.

The BSE-Sensex and NSE-Nifty are trading flat at the moment. BSE Mid Cap and BSE Small Cap indices are trading down by 0.5% and 0.3% respectively. The rupee is trading at 55.01 to the US dollar.

Pharma stocks are trading in the red led by Biocon Limited and Cadila Healthcare. As per a leading daily, Indian pharma company Dr Reddy's has launched Sildenafil tablets in the US. This is after the approval by the United States Food and Drug Administration (US FDA) of Dr Reddy's abbreviated new drug application (ANDA) for Sildenafil Tablets. Sildenafil is a bioequivalent generic version of Revatio which is used to treat erectile dysfunction and pulmonary arterial hypertension (PAH). We may note here that Revatio's US sales were US$ 338 m in the last 12 months. The stock is currently trading up by 0.1%.

Aluminium stocks are trading mixed. Hindalco is trading in the red while National Aluminium Company Limited (Nalco) is trading in the green. According to a leading financial daily, Nalco has stopped production of bauxite from the North-Central block of the Panchpatmali mine in Koraput district after its lease deed for the area expired. The company, which is awaiting renewal of the lease is expecting a temporary working permit to operate the mine by December. Meanwhile, the company has asserted that alumina production at its Damanjodi refinery, located at the foot of Panchpatmali hills, will not be affected due to halt of mining operation. This is because the company had enhanced the rate of production from the mine and has enough stock of bauxite to run the refinery at least for two weeks.

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Stock Market Updates

Sensex Rises 477 Points; Trading Resumes on NSE (Today's Market)

Feb 24, 2021 Special Update

The BSE Sensex is trading up by 477 points, while the NSE Nifty is trading up by 135 points.

SIEMENS at All Time High; BSE CAPITAL GOODS Index Up 0.5% (Today's Market)

Feb 24, 2021 02:54 PM

SIEMENS share price has hit an all time high at Rs 1,922 (up 1.7%). The BSE CAPITAL GOODS Index is up by 0.5%. Among the top gainers in the BSE CAPITAL GOODS Index today are SIEMENS (up 1.7%) and HONEYWELL AUTOMATION (up 1.9%). The top losers include HAVELLS INDIA (down 0.2%) and GRAPHITE INDIA (down 0.2%).

MUTHOOT FINANCE Share Price Down by 6%; BSE 500 Index Up 0.5% (Today's Market)

Feb 24, 2021 02:36 PM

MUTHOOT FINANCE share price is trading down by 6% and its current market price is Rs 1,315. The BSE 500 is up by 0.5%. The top gainers in the BSE 500 Index are INDIAN OVERSEAS BANK (up 10.0%) and BANK OF MAHARASHTRA (up 10.0%). The top losers are MUTHOOT FINANCE (down 5.8%) and HIMADRI SPECIALITY CHEMICAL (down 5.4%).

ZENSAR TECHNOLOGIES at 52 Week High; BSE 500 Index Up 1.0% (Today's Market)

Feb 24, 2021 01:02 PM

ZENSAR TECHNOLOGIES share price has hit a 52-week high. It is presently trading at Rs 282. BSE 500 Index is up by 0.5% at 19,684. Within the BSE 500, ZENSAR TECHNOLOGIES (up 5.3%) and NAVA BHARAT VENTURES (up 11.2%) are among the top gainers, while top losers are MAGMA FINCORP and RELIANCE POWER.

Sensex Trades Over 200 Points Higher; Dow Futures Down by 103 Points (Today's Market)

Feb 24, 2021 12:30 pm

BSE Sensex is trading up by 226 points, while the NSE Nifty is trading up by 113 points.

OMAXE Share Price Down by 6%; BSE REALTY Index Up 0.5% (Today's Market)

Feb 24, 2021 12:22 PM

OMAXE share price is trading down by 6% and its current market price is Rs 72. The BSE REALTY is up by 0.5%. The top gainers in the BSE REALTY Index are PRESTIGE ESTATES (up 1.9%) and DLF (up 1.9%). The top losers is OMAXE (down 5.8%)..

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