The benchmark indices were trading near the flat line in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, fell 29.89 points or 0.06% at 49,716.32. The Nifty 50 index slipped 5.30 points or 0.04% at 14,868.50.
Reliance Industries (down 0.91%), ICICI Bank (down 1.14%) and Bajaj Finance (down 2.37%) were major drags.
In the broader market, the S&P BSE Mid-Cap index rose 0.26%. The S&P BSE Small-Cap index added 0.86%.
Buyers overpowered the sellers. On the BSE, 1,704 shares rose and 1,102 shares fell. A total of 155 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 13,39,71,287 with 29,02,493 deaths. India reported 9,79,608 active cases of COVID-19 infection and 1,67,642 deaths while 1,19,13,292 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of India.
As of 31 December 2021, Shankar Sharma held 4.08% stake in A2Z Infra Engineering.
Shares of A2Z Infra Engineering jumped 5.87% to Rs 4.33 on BSE. The scrip has rallied 16.39% for three consecutive days from its recent closing low of Rs 3.72 hit on Tuesday, 6 April 2021.
On a consolidated basis, A2Z Infra Engineering reported a net loss of Rs 14.85 crore in Q3 December 2020 as compared to a net loss of Rs 14.16 crore in Q3 December 2019. Net sales declined 41.8% to Rs 83.40 crore in Q3 FY21 over Q3 FY20.
A2Z Infra Engineering provides integrated design, testing, installation, construction and commissioning services on a turn-key basis to its clients.
Stocks To Watch: A2Z Infra Engineering, IRB Infra Developers, Ashok Leyland ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.
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Last Updated: Apr 07, 2021, 02:05 PM IST
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Co-founders, First Global
Shankar Sharma heads the global strategy group at First Global. Referred to as The Alchemist of Dalal Street by Forbes magazine, he is known for rightly predicting the 2000 dotcom bust, the 2008 market crash, the Indian market bull run since 2009, the oil price crash in 2008 and the oil bull market in 2016. A Dean’s List alumni from Asian Institute of Management, Manila, Sharma had a successful stint with Citibank, before founding his own venture, First Global (www.firstglobalsec.com) in 1990. He is very active on social media and can be followed at Twitter (https://bit.ly/3fIPN68), Facebook (https://bit.ly/3kkHQYf), LinkedIn (https://bit.ly/3fFwt9A), Instagram (https://bit.ly/3gO1klC) and Youtube (https://bit.ly/3ih1z9h). Devina Mehra, Co-founder and Chairperson of First Global, is an IIM-A gold medalist. She, too
Climate Summit in US: A critical time for India in charting out its sustainable future
Letter by Shankar Sharma, Power & Climate Policy Analyst, to Members of the Union Cabinet, Govt. of India, on “Invitation for India for Climate Summit in the US the need to target for net zero emissions by 2050”:
May I draw your kind attention to the recent development that India is invited for a Climate Summit in the US in April 2021 to underscore the urgency and the economic benefits of stronger climate action? This will be another occasion for the Union Cabinet to concern itself over the potential embarrassment India may face in that summit due to its unenviable stand on climate performance at a country level.