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Home News India

LIVE! Nirav’s firm moves HC against selling paintings

Mehra Media Team by Mehra Media Team
January 11, 2021
in India
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The benchmark BSE Sensex plunged over 325 factors and slipped under the 38,000-mark in early commerce Monday, in tandem with weak international cues and depreciating rupee. 

The 30-share index, which had misplaced 222.14 factors on Friday, was buying and selling decrease by 325.49 factors, or 0.85 per cent, at 37,845.24. Reflecting the bearish temper, all of the sectoral indices, led by realty, steel and auto, had been buying and selling within the detrimental zone with losses of as much as 1.57 per cent. 

Similarly, the NSE Nifty fell 103.90 factors, or 0.78 per cent, to 11,353 after hitting a low of 11,342.90. Brokers mentioned, in addition to profit-booking in latest gainers, rupee’s fall under the 69-mark against the greenback and weak cues from international markets weighed on investor sentiments. 

Global cues turned weak monitoring Friday’s sell-off on the Wall Street after a weak manufacturing knowledge from the US and Europe raised fears of an financial slowdown. 

Laggards in home equities had been Vedanta Ltd, Sun Pharma, Tata Steel, Kotak Bank, SBI, Tata Motors, RIL, ICICI Bank, Yes Bank, HDFC Ltd, Axis Bank, M&M, L&T, IndusInd Bank, ITC Ltd, HCL Tech, Bajaj Auto, HDFC Bank and Infosys, falling by as much as 2.16 per cent. 

Bucking the development, shares Coal India, Maruti Suzuki and Hero MotoCorp rose as much as 0.84 per cent.  — PTI

Image: Bank shares amongst others, fell by 2.16 per cent 



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Tags: FirmlivemovesNiravspaintingsselling
Mehra Media Team

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