Stay updated with breaking news from Ipca Labs. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
As many as 26 stocks hit their 52-week lows today. BSE 500 stocks such as Aditya Birla Fashion and Retail, Ipca Labs, PVR Inox and VMart hit their respective one-year low levels. That said, 115 stocks touched their one-year high levels today.
Analysts believe Ipca Labs would have been better-placed had they committed this growth capital to secularly growing within the India market.
Emirates Telecommunications Group Co increased its stake in Vodafone Group Plc, the holding company of Vodafone Idea, from 14 percent to 14.6 percent. It has the regulatory nod to take the stake to 15 percent
Technically, the Nifty may find strength at the 17,863 mark, an analyst said
Share Market LIVE Updates: Indian equity benchmarks BSE Sensex and NSE Nifty 50 opened lower on Tuesday, and traded nearly flat. Financial shares trade with gains, while chemical share trade in the red. Investors await more of financial results from India Inc for domestic cues, with Bajaj Auto and Tata Consumer due to post their earnings later in the day. Nestle reported its quarterly numbers earlier in the day.