Read more about Volumes spurt at Shilpa Medicare Ltd counter on Business Standard. Shilpa Medicare Ltd registered volume of 69 lakh shares by 14:19 IST on NSE, a 12.65 fold spurt over two-week average daily volume of 5.45 lakh shares
The domestic equity benchmarks ended with significant cuts on Monday, led by weakness in banks and financial shares. After the hitting the day s low of 14,459.50 in mid-morning trade, the Nifty pared losses and closed above the 14,600 mark. IT and metal stocks bucked the broader selloff. A spike in domestic coronavirus cases and fresh curbs imposed by the state government dented investors sentiment.
As per provisional closing data, the barometer index, the S&P BSE Sensex, slumped 870.51 points or 1.74% to 49,159.32. The Nifty 50 index tumbled 229.55 points or 1.54% to 14,637.80.
In broader market, the S&P BSE Mid-Cap index slipped 1.13% while the S&P BSE Small-Cap index declined 1.08%.
The current membership of the Galway City Council started their term almost two years ago in a welter of controversy surrounding the forming of a political alliance to hold the balance of power (and positions ) for the following five years.
Barometers sharply pared gains in mid-morning trade as profit selling emerged at higher levels. The Nifty gave up 14,750 level and edged lower. All sectoral indices on the NSE traded in green. Some selling was seen in FMCG and financial stocks.
At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 29.42 points or 0.06% at 49,538.51. The Nifty 50 index gained 27.5 points or 0.19% at 14,718.25.
In broader market, the S&P BSE Mid-Cap index gained 0.43% while the S&P BSE Small-Cap index added 1.27%.
The market breadth, indicating the overall health of the market, was strong. On the BSE, 1876 shares rose and 673 shares fell. A total of 131 shares were unchanged.
This subsidiary will engage in the business of manufacturing, sale and export of consumer care products.Dabur India announced that Herbodynamic India has been incorporated as a wholly owned subsidiary of the company, in India.
The company s board in its meeting held on 29 January 2021 had approved incorporation of a wholly owned subsidiary in India for engaging in the business of manufacturing, sale and export of consumer care products.
On the technical front, the stock s RSI (relative strength index) stood at 53.534. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.
The stock was trading between its 50-day moving average (DMA) placed at 526.54 and its 200-day moving average (DMA) placed at 503.56.