Vedanta shares slip 38% from 52-week high; what lies ahead?
Vedanta stock opened marginally higher at Rs 284.50 on BSE. It touched an intraday low of Rs 273, falling 3.12% on BSE.
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Vedanta stock opened marginally higher at Rs 284.50 on BSE. It touched an intraday low of Rs 273, falling 3.12% on BSE.
Sun Pharma witnessed a breakdown from the Double Top pattern on lower volumes. Its recent 11 per cent decline from all-time high level was arrested near the support zone.
Vedanta stock, which stood at Rs 280.25 on March 15 was trading at Rs 274.75 in early trade today on BSE. Market cap of the firm fell to Rs 1.02 lakh crore.
BSE's Sensex plunged 398.18 points, or 0.69 per cent, to 57,527.10, whereas Nifty50 declined about 132 points, or 0.77 per cent, to 16,945.05 for the day.
Adani Enterprises stock tumbled 10.43 percent to settle at Rs 1,404.85 on the BSE. During the day, it tanked 11.94 percent to Rs 1,381.05.