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Sensex sheds 200 points as inflation risk increases

Updated at : 2021-11-16 11:20:01

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“On the technical front, if markets sustain well above 18,000 levels for 2-3 sessions, we can easily witness 18,500-18,600 levels in the near term once again. Immediate support and resistance level in Nifty50 are 18,000 and 18,250, respectively,” said Mohit Nigam, Head - PMS, Hem Securities.

Shares of Zee Ent. rise as Nifty drops

Updated at : 2021-11-16 11:20:01

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On the technical charts, the 200-day moving average of the stock stood at Rs 225.42.

Barring the two dollar-pegged stablecoins, all other eight out of the top 10 cryptocurrencies were trading lower at 9.30 hours IST. Polkadot tanked 11 per cent, whereas Bitcoin and Etheremum shed up to 8 per cent each.

Info Edge shares gain 2.52% as Sensex falls

Updated at : 2021-11-16 11:20:01

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A total of 9,112 shares changed hands on the counter till 10:25AM (IST)

Ruchi Soya surges 10% on strong Q2 performance

Updated at : 2021-11-16 11:20:01

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According to a regulatory filing, net income during the July-September 2021 rose to Rs 6,010.99 crore, compared with Rs 3,990.72 crore in the year-ago period. Expenses rose to Rs 5,790.52 crore from Rs 3,863.98 crore a year ago.

PB Fintech shares zoom 18% after fund buying action

Updated at : 2021-11-16 11:20:01

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PB Fintech attracted major fund action as the Capital Research and Management Company bought 34,18,354 equity shares or 0.76 per cent stake in the company.

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Macrotech, which raised Rs 2,500 crore from the primary market through an initial public offering in April, has witnessed a surge in its share price of close to 100 per cent over the last six months.

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Fortis Healthcare Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 21425.71 Crore) operating in Hospitals & Allied Services sector.

Indus Towers shares rise 0.59% as Nifty drops

Updated at : 2021-11-16 11:20:01

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The stock quoted a 52-week high price of Rs 332.6 and a 52-week low of Rs 181.25.

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Industry executives said brands had filled the channels during Diwali and ensured availability even when supplies were low, but now several top-selling models are completely stocked out with supplies of most brands badly affected since end-October.

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