Divis Laboratories crashed 11.4% after BloombergQuint reported that the US FDA observations could be more serious than just procedural.
Market displays bearish signal as the key indices continue to post stiff losses triggered by weak domestic and global cues.
Daily Market Review:
The benchmark indices continue its losing streak as the Sensex cracks over 400 points, while the Nifty fell over 130 points in today’s trading session. Broader and sectoral indices also posted a hefty loss. Continue reading “Daily Big Picture – Bears Take Control Over D-Street ; Nifty Below 9,750”
Markets observed some relief as the poor morning trading session was offset by better trade in the afternoon.
Daily Market Review
Equity indices displayed some recovery amidst volatility due to the Korean peninsula tensions and ahead of the expiry of September derivatives contracts. After declining heavily in the morning trading session, the markets observed some short recovery during the afternoon trade as the Nifty ended flat today. Midcap and Smallcap indices extended their morning gains. Continue reading “Daily Big Picture – Nifty Trades Flat On Selective Buying”