Read more about Quick Heal Tech spurts on buyback plan on Business Standard. Quick Heal Technologies soared 5.4% to Rs 181.55 after the company said its board will consider a share buyback on 10 March 2021.
The domestic equity benchmarks came off the day s low in mid-afternoon trade. The Nifty reclaimed the 14,600 mark. A spike in domestic and global bond yields coupled with rising coronavirus cases spoiled investors appetite for risk assets.
At 14:21 IST, the barometer index, the S&P BSE Sensex, was down 1546.09 points or 3.03% to 49,493.22. The Nifty 50 index was down 437.20 points or 2.90% to 14,660.15.
Meanwhile, the US Dow Jones 30 Futures bounced back and was trading up 50 points, indicating a flat to positive opening in the US market today.
In the broader market, the S&P BSE Mid-Cap index declined 1.50% and the S&P BSE Small-Cap index lost 0.57%. Both the indices outperformed the Sensex.
Nifty Media index ended down 3.42% at 1620.25 today. The index has slipped 4.00% over last one month. Among the constituents, Jagran Prakashan Ltd added 9.69%, PVR Ltd shed 6.40% and Inox Leisure Ltd slipped 5.76%.
The Nifty Media index has fallen 13.00% over last one year compared to the 21.48% increase in benchmark Nifty 50 index. In other indices, Nifty IT index has dropped 2.89% and Nifty Realty index has dropped 2.80% on the day. In broad markets, the Nifty 50 has dropped 2.04% to close at 14675.7 while the SENSEX has dropped 2.25% to close at 49744.32 today.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Read more about Larsen & Toubro Infotech Ltd falls 0.5% on Business Standard. Larsen & Toubro Infotech Ltd is quoting at Rs 3852, down 0.5% on the day as on 13:19 IST on the NSE. The stock jumped 14.7% in last one year as compared to a 24.76% rally in NIFTY and a 53.46% spurt in the Nifty IT index.
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