April 17, 2024

Justice for Gemmel

Stellar business, nonpareil

MARKET LIVE: Sensex dips 200 pts, gives up 38k; GMM Pfaudler tanks 10%

The Indian markets slid over 50 percent a for each cent on Tuesday, in line with subdued developments in world markets. 

The S&P BSE Sensex was investing at 37,830 stages, down 210 details. The index strike an intra-day low of 37,531. In the meantime, the Nifty50 index also fell to close to eleven,one hundred fifty-mark. Bajaj Finance, Bajaj Finserv, ONGC, and Tata Metal, all slipped over two for each cent and were being the top Sensex laggards. On the other hand, IT stocks HCL Tech, Tech Mahindra, and TCS rose 1 for each cent each and every.

Shares of GMM Pfaudler tanked ten for each cent on the BSE right after the company explained its promoters planned to offer up to 28 for each cent stake really worth up to Rs 1,433 crore in the company via present for sale.