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The technical pattern suggests that selling pressure could extend as Grasim Industries made an Evening Star pattern on the weekly charts, and also registered a trendline breakdown which could take it towards its next support near Rs 1,400 level, suggest experts.

The Relative Strength Index of the stock stood at 44.89 on Tuesday.

Earlier this month, ICICI Securities said it has a buy call on Tatva Chintan Pharma Chem with a target price of Rs 3,000. Time period given by the analyst is one year when Tatva Chintan Pharma Chem price can reach the defined target.

A total of 3,834 shares changed hands on the counter till 10:50AM (IST).

Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 115330.97 Crore) operating in Auto sector.

The Chennai-based Veranda said it has signed an agreement to acquire the test-preparation institute chain, TIME, for Rs 287 crore.

As of 31-Mar-2022, promoters held 39.99 per cent stake in the company, while FIIs held 34.31 per cent and domestic institutional investors had 4.19 per cent.

Eros Media’s studio division, which already owns, manages and controls one of the world’s largest Indian-language film libraries of over 3,000 titles spanning decades, will be focused on monetising its library of content-driven films with appropriate budgets to generate an attractive rate of return, reports said.

Vedanta plans to auction 0.10 million metric standard cubic meters a day of natural gas on May 12. The supplies will start no later than June 1 and end on May 31, 2023.

Bajaj Finance, HDFC Life Insurance, Macrotech Developers, AU Small Finance Bank, United Breweries, Tata Teleservices (Maharashtra), Nippon Life India Asset Management, Aditya Birla SL AMC, KPIT Technologies and UTI Asset Management Company are some of the companies that are scheduled to announce their March quarter results today.