In the past week, the market experienced some turbulence, particularly on Wednesday when a significant dip was observed, impacting small- and mid-cap stocks. Approximately 668 stocks suffered a decline of more than 4.5%.
On Monday we noted that the market was under pressure. On Tuesday we said the market is struggling to head higher. On Wednesday, the market fell heavily with small- and mid-cap stocks getting crushed. In BSE 659 stocks advanced, 3177 declined and 86 remained unchanged, with an advance decline ratio of 0.20 on the Bombay Stock Exchange (BSE), indicating deeply negative closing of stocks in broader markets.
The brokerage said the company’s acquisition of The Beverage Co. is on expected lines given past communication; however, the deal fast-tracks its plans with a ready-capacity networ Get more Stocks News and Business News on Zee Business.
Varun Beverages to acquire South Africa s BevCo - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.