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Benchmarks turn negative; Nifty below 14,350


The equity benchmarks reversed trend and hit a fresh intraday low in mid-afternoon trade. Pharma shares extended gains for the fourth day. The Nifty slipped below the 14,350 mark.
At 14:26 IST, the barometer index, the S&P BSE Sensex, was down 209.95 points or 0.44% to 47,739.47. The Nifty 50 index lost 37.35 points or 0.26% to 14,322.10.
In the broader market, the S&P BSE Mid-Cap index and the S&P BSE Small-Cap index, both advanced 0.80%.
Buyers outnumbered sellers. On the BSE, 1765 shares rose and 1051 shares fell. A total of 159 shares were unchanged.
Numbers to Track:
In the foreign exchange market, the partially convertible rupee rose to 74.7525 compared with its previous closing of 74.87. ....

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Max Ventures gains after subsidiary commercializes metallizer line


Max Ventures and Industries rose 3.99% to Rs 56 after the company said its subsidiary Max Speciality Films has commercialized its new advanced metallizer line.
Max Speciality Films (MSFL) manufactures specialty packaging films. In December 2020, MSFL had said that it would be installing two additional metallizer lines.
MSFL has commenced first of the two metallizer lines today (20 April 2021), Max Ventures said in a statement.
These two additional metallizer lines were planned as a part of MSFL s strategy to continue to embark on its specialty journey. Planned with a total capex of Rs 60 crore for two lines (Rs 30 crore for each), these metallizer lines will enable MSFL to enhance its value-added specialty product portfolio. ....

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These are the 17 Largest NYC Tech Startup Funding Rounds of Q1 2021

These are the 17 Largest NYC Tech Startup Funding Rounds of Q1 2021
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