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Indo Amines (IAL) is a manufacturer, developer and supplier of fine chemicals, specialty chemicals, performance chemicals, perfumery chemicals and active pharmaceutical ingredients. The products manufactured by the company find application in various industries such as pharmaceuticals, agrochemicals, fertilizers, petrochemicals, road construction, pesticides, perfumery chemicals, dyes and intermediates, etc.

The Nifty Pharma index was trading 1.12 per cent down at 12834.25.

A total of 3,149 shares changed hands on the counter till 11:32AM (IST)

The scrip plunged 6.32 per cent to hit a low of Rs 505. Blackstone was seeking to raise as much as Rs 3,180 crore through the sale of shares in the automotive component maker, according to terms of the deal seen by Bloomberg News.

“We will never be able to define what a freebie is and what a freebie is not. That has to be decided between the electorate and the political parties and which is why economists never talk in terms of freebies. They talk in terms of subsidies as merit subsidies and non-merit subsidies.”

The Relative Strength Index of the stock stood at 62.13 on Thursday.

GAIL (India) is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production and transmission, LNG re-gasification, petrochemicals, city gas and E&P.

Bharat Dynamics Ltd., incorporated in the year 1970, is a Mid Cap company (having a market cap of Rs 15783.26 Crore) operating in Defence sector.

The Nifty Bank index was trading 0.33 per cent up at 39592.1.

A total of 36,689 shares changed hands on the counter till 10:25AM (IST)