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Benchmarks near day s low; Sensex slumps 1654 pts

Key equity barometers were hovering near the day s low in afternoon trade. The Nifty was trading below 14,350 level. Investors sentiment was dented as COVID-19 cases continued to surge in the country. At 13:20 IST, the barometer index, the S&P BSE Sensex, slumped 1,654.56 points or 3.34% at 47,936.76. The Nifty 50 index tanked 497.20 points or 3.35% at 14,337.65. Reliance Industries (down 3.86%), HDFC Bank (down 3.96%) and ICICI Bank (down 5.30%) were major drags. The broader market underperformed the benchmarks. The S&P BSE Mid-Cap index lost 5.28%. The S&P BSE Small-Cap index skid 4.78%. Sellers outnumbered buyers. On the BSE, 429 shares rose and 2,435 shares fell. A total of 184 shares were unchanged.

Biocon Pharma gets GMP compliance certificate from UK s health regulator for Bengaluru facility

Biocon Pharma gets GMP compliance certificate from UK s health regulator for Bengaluru facility The certificate, which includes manufacturing and packaging of tablets and capsules in the non-potent and potent blocks of the facility, was issued based on a remote inspection in March 22. Share Via Email   |  A+A A- By PTI NEW DELHI: Biotechnology firm Biocon on Monday said its subsidiary Biocon Pharma has received Good Manufacturing Practice (GMP)compliance certificate from UK s health regulator MHRA for its Bengaluru facility. Biocon Pharma Limited, a wholly owned subsidiary of Biocon Limited, has received a certificate of Good Manufacturing Practice (GMP) compliance from the Medicines and Healthcare products Regulatory Agency (MHRA), the United Kingdom (UK), for its manufacturing facility at Biocon Park in Bengaluru, Biocon said in a regulatory filing.

Sensex slumps 1700 pts, Nifty holds 14,300; VIX spurts to 23 mark

Read more about Sensex slumps 1700 pts, Nifty holds 14,300; VIX spurts to 23 mark on Business Standard. Domestic equity indices ended with sharp losses on Monday, as surging COVID-19 cases in the country triggered fears of fresh lockdowns. The Nifty managed to close above the 14,300 mark after hitting the day s low of 14,248.70 in late trade. All the

Sensex tanks 1700 pts as rising Covid cases spook investors

Domestic equity indices ended with sharp losses on Monday, as surging COVID-19 cases dented investor s sentiment. The Nifty managed to close above the 14,300 mark after slipping below that level in intraday. As per the provisional closing data, the barometer index, the S&P BSE Sensex, slumped 1,707.94 points or 3.44% at 47,883.76. The Nifty 50 index tanked 524 points or 3.53% at 14,310.65. Tata Motors (down 9.65%), Adani Ports & SEZ (down 8.94%), Bajaj Finance (down 7.25%), ICICI Bank (down 4.58%), Reliance Industries (down 3.4%) and HDFC Bank (down 3.28%) were major drags. In the broader market, the S&P BSE Mid-Cap index lost 5.32% while the S&P BSE Small-Cap index tumbled 4.81%. Sellers outnumbered buyers. On the BSE, 509 shares rose and 2,478 shares fell. A total of 174 shares were unchanged.

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