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On Monday, 2209 stocks advanced, 1470 declined and 199 remained unchanged, with an advance decline ratio of 1.50 on the Bombay Stock Exchange (BSE), indicating a positive closing of stocks in broader markets. Markets opened the week with a gain of more than 0.5%, following encouraging global signs. Beaten-down sectors of the previous sessions, such as IT, metals, power, and oil & gas stocks, performed well while a strong buoyancy in Asian and European indices boosted the local market confidence.
On Wednesday, 1176 stocks advanced, 2428 declined and 134 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 0.48 indicating a negative closing of stocks in broader markets. Following Fitch Ratings downgrading of the United States sovereign credit rating from AAA to +AA, markets around the world, including Indian Equities, came under pressure. India s VIX surged 10% indicating market volatility. Additionally, poor economic data from China, the Eurozone, and the United States lowered investor confidence. Markets may continue to be muted.
NCB Mumbai zonal chief Sameer Wankhede was issued a notice by Maharashtra Excise department in connection with a bar licence for a restaurant owned by him.
Maharashtra Minister Dilip Walse Patil met SII Chairman and Managing Director Cyrus Poonawalla on Friday. (Photo/ANI)
Manjari plant fire will impact BCG, Rota vaccine production: Serum Institute ANI | Updated: Jan 22, 2021 16:30 IST
Mumbai (Maharashtra) [India], January 22 (ANI): The Serum Institute of India (SII) on Friday said the fire that broke in an under-installation building of the company s plant at Manjari in Pune will impact the production of BCG (Bacillus Calmette-Guerin) and Rota vaccines in future.
In a statement to ANI, SII officials mentioned that they have suffered financial losses due to the fire that broke in an under-installation building of SII plant at Manjari, Pune and this will impact the production of BCG and Rota vaccines in the future .