Stock market closed: The market started with strength amid mixed global signals. However, it lost all the gains in a short time. Today Nifty closed up 0.25 points at 18,118, Sensex up 37 points at 60,979 and Nifty Bank closed down 88 points at 42,733. Out of 50 Nifty stocks, 29 closed in the red and 21 closed in the green. 9 out of 12 shares of Nifty Bank closed in the red mark and 3 in the green mark. Selling was seen in banking, pharma, realty, and metal stocks. The pressure was seen in midcap, a small-cap stock. There was buying in IT and auto stocks. Purchasing was observed in 15 Sensex stocks and selling in 15.
Nifty Gainers
Nifty Losers
Granules India Q3 Results (QoQ)
Source: Exchange filing
Granules Received Approval For Amphetamine Drug
Granules received an ANDA (abbreviated New Drug Application) for amphetamine. The stock is currently trading at Rs 311.40, down slightly.
Source: Exchange filing
Axis Bank appoints SS Mallikarjuna Rao as an independent director
Axis Bank has appointed SS Mallikarjuna Rao as an independent director. The bank has informed the exchange that SS Mallikarjuna Rao will be the independent director of Axis Bank.
Source: Exchange filing
Torrent Pharma receives warning letter from US FDA
Torrent Pharma’s Gujrat Plant has received a warning letter from the US FDA. The US Food and Drug Administration (FDA) has issued an OAI (Official Action Indicated) for the Indrad plant. The stock has fallen slightly and is now trading at Rs 1,593.75.
INR Opens 13 Paise Weak
INR weakened by 13 paise against the dollar and opened at 81.52. The rupee opened at 81.52 / dollar against 81.39 / dollar.
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