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At close, the Sensex slipped 337 points or 0.68% at 49,564, and the Nifty ended at 14,906 tanking 124 points or 0.83%. The Nifty Metal index sunk over 3 per cent with Tata Steel, Steel Authority of India (SAIL), and Jindal Steel and Power (JSPL) sliding 5% each.
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Interest rates charged and the other charges like loan processing and interest in delayed payments are quite high
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Shares of the company climbed to Rs 1,813.90 on May 19, 2021 from Rs 21.26 on the same date in 2011
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Basant Agro, National Fertilizers, FACT, RCF, Chambal Fertilisers, Madras Fertilizers, Nagarjuna Fertilizers and Coromandel International also gained between 4%-5%.
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Titan, M&M, Asian Paints, ICICI Bank and L&T were the top gainers on the Sensex. On the downside, ONGC, Sun Pharma, Axis Bank, Bajaj Finance and Bharti Airtel lost up to 2.50%.
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Zee Entertainment Enterprises, HPCL, Havells India, and Torrent Power are among 32 firms slated to post their quarterly numbers today.
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Asian stocks traded mixed on Thursday, with data showing Japan's exports surging in April
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Experts say markets are seeing rotational buying across the sectors and are advising investors to focus on stock selection
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Tata Motors tanked over 5% after the company reported a loss of over Rs 7,500 crore in Q4FY21.
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Concerns over Covid-19 and ongoing state-wise restrictions have turned the equity investors cautious on Dalal Street. However, analysts continued to retain their bullish view on the domestic equity market on hopes of rapid improvement as seen in Britain and Spain, where a similar high infection growth rate was seen. An analysis by Antique Stock Broking […]