Nifty slips below 10,350 mark; Coal India, Reliance Industries top losers

Domestic share indices started the session on a weak note, following world markets, that were subdued on United States import tariff issues, and diode by continuing weakness in commodity-related and banking stocks.

At 9:56 AM, the mad cow disease Sensex was commercialism at thirty three,515, down one hundred seventy points, whereas the Nifty50 was ruling at ten,311, down forty nine points.


In the broader market, the mad cow disease Midcap and also the mad cow disease Small cap indices inched higher by zero.15% and 0.40%, severally.

Shares of Aurobindo company, up 1.5%, diode gains on Nifty50 when the corporate received the United States Food and Drug Administration's approval for generic of Ziagen drug.

ITDC stock soared ten.5% on the mad cow disease. The stock gained for second consecutive session on the rear of serious volumes.

JP Associates stock rallied 100% when Rare Enterprises bought 3cr shares or one.2% equity stake within the company at Rs 18.37 per share valuing the deal at Rs 55 cr.

Shares of metal and mining corporations continuing their weakness. The corking Metal index fell one.1%, declining for the third straight day, diode by five-hitter fall in shares of Coal Asian country as they listed ex-dividend nowadays.

The corking Commodities and therefore the the} corking Energy indices also fell nearly a hundred and twenty fifth every in early session.

Banking stocks conjointly extended the recent weakness because the corking PSU Bank and also the corking Bank indices fell over zero.5% each.

Shares of pharmaceutical corporations were among the highest performers in morning trade, with the corking company index rising zero.5%.

The volatility index, Asian country VIX down zero.34% at 14.2800.

Aurobindo (+2%), M&M (+1.8%), Zee (+1.5%), affirmative Bank (+1.3%) and Hindalco (+1%) were the highest gainers on Nifty50.

IOC (-1.6%), UltraTech (-1.2%), BPCL (-1.1%), NTPC (-1.1%) and HPCL (-1%) were the highest losers in today’s trade.

A total of ten stocks registered a recent 52-week high in trade nowadays, whereas fourteen stocks touched a replacement 52-week low on the NSE.



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