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Read more about Sensex slumps 1700 pts, Nifty holds 14,300; VIX spurts to 23 mark on Business Standard. Domestic equity indices ended with sharp losses on Monday, as surging COVID-19 cases in the country triggered fears of fresh lockdowns. The Nifty managed to close above the 14,300 mark after hitting the day's low of 14,248.70 in late trade. All the
Domestic equity indices ended with sharp losses on Monday, as surging COVID-19 cases dented investor's sentiment. The Nifty managed to close above the 14,300 mark after slipping below that level in intraday. As per the provisional closing data, the barometer index, the S&P BSE Sensex, slumped 1,707.94 points or 3.44% at 47,883.76. The Nifty 50 index tanked 524 points or 3.53% at 14,310.65. Tata Motors (down 9.65%), Adani Ports & SEZ (down 8.94%), Bajaj Finance (down 7.25%), ICICI Bank (down 4.58%), Reliance Industries (down 3.4%) and HDFC Bank (down 3.28%) were major drags. In the broader ma...
New Delhi, Apr 12: Biotechnology firm Biocon on Monday said its subsidiary Biocon Pharma has received Good Manufacturing Practice (GMP)compliance