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The dismal numbers from the drugmaker weighed on the stock, which extended the day’s losses and hit an over 4-month low of Rs 1,021. The shares were trading 3.2% lower on the National Stock Exchange at Rs 1,028.45.

Shares of ASML Holding NV lost 2% and were among the top drags on the STOXX 600, despite forecasting sales growth of more than 25% for 2023.

The government sold 80 billion rupees ($1 billion) of securities, including 40 billion rupees each of 10-year and 5-year notes, the Reserve Bank of India said in a statement on Wednesday. The 10-year bond got priced at a coupon of 7.29%, six basis points lower than the similar maturity sovereign debt, and compared with 7.31% estimate in a Bloomberg survey.

Sona BLW Precision Forgings, incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 26472.10 Crore) operating in Auto Ancillaries sector.

"The relaunch of the loyalty programme is important due to growing concerns on sequential growth in Zomato’s food delivery business and the high likelihood of the company having lost some market share to Swiggy in recent quarters as the latter had continued to run its loyalty programme, especially when ‘Pro Plus’ was absent," the brokerage firm JM Financial said.

It provides and helps to create employment opportunities, provides risk capital and ensures development of markets (private to public) by enhancing liquidity and making it efficient.

Maruti Suzuki India’s net profit for the December quarter more than doubled on year to Rs 2,351 crore, and beat ET Now Poll of Rs 1,873 crore. >> For more such web stories click on the ET icon below

As of 31-Dec-2022, promoters held 58.37 per cent stake in the company, while FIIs held 27.73 per cent and domestic institutional investors had 2.71 per cent.

The brokerage said collection delays from Vi and Indus’s exposure as service provider (~35%+ revenues, in our view) remained the key area of concern, adding that the key issue going forward is clarity on how the tower company plans to recover its money from loss-making Vi.

A total of 31,371 shares changed hands on the counter till 01:37PM (IST)