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Inox Wind nosedives 10% after promoter offloads 5% stake via block deal

Following the block deal, Inox Wind Energy s stake in Inox Wind will come down to 33.43 percent.

Inox Wind shares tumble 9% in early deals, here s why

Inox Wind stock crashed 9.57% to Rs 148.35 in early deals today against the previous close of Rs 164.05 on BSE. Market cap of Inox Wind slipped to Rs 19,459 crore.

Block Deal: Inox Wind stock hits 10% lower circuit as 1 69 crore shares change hands

Block Deal: Inox Wind stock hits 10% lower circuit as 1 69 crore shares change hands
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sensex news today: Sensex slumps for third day, ends 220 points lower on profit booking; RIL, banks drag

Tuesday s volatile trade saw rampant profit booking. Reliance Industries, Bharti Airtel, ITC, Power Grid, ICICI Bank, and Axis Bank were the top contributors pulling down the Sensex. DOMS Industries closed 2.6% higher boosted by the company s net profit growth of 29% YoY to Rs 47 crore in the March-ended quarter.

Ahead of Market: 10 things that will decide stock action on Wednesday

After gyrating between gains and losses during the day, the 30-share BSE Sensex ended 0.29% lower at 75,170.45. Nifty formed a bearish candle on the daily scale. The index is trading above its key moving average supports and the RSI on the daily chart is positive.

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