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MARKET WRAP: Indices erase early gains to end flat; Ashok Leyland sheds 10%

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SI Reporter  |  New Delhi 

Erasing all its morning gains, the domestic equity market settled flat with negative bias on Wednesday. The S&P BSE Sensex ended marginally lower at 35,142, down just two and a half points while NSE's Nifty50 index slipped below the crucial 10,600 level to end at 10,576, down 6 points. TCS, Infosys, Sun Pharma and Mahindra & Mahindra contributed the most to the Sensex's fall.  Among individual stocks, shares of Sun Pharma dropped over 7 per cent to Rs 521 on BSE after the company posted a consolidated loss of Rs 2.18 billion for the quarter-ended September ...

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MARKET WRAP: Indices erase early gains to end flat; Ashok Leyland sheds 10%

Market at close The S&P BSE Sensex ended marginally lower at 35,142, down just two and half points while NSE's Nifty50 index slipped below the crucial 10,600 level to settle at 10,576, down 6 points.

MARKET WRAP: Indices erase early gains to end flat; Ashok Leyland sheds 10%

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MARKET WRAP: Indices erase early gains to end flat; Ashok Leyland sheds 10%

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MARKET WRAP: Indices erase early gains to end flat; Ashok Leyland sheds 10%

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MARKET WRAP: Indices erase early gains to end flat; Ashok Leyland sheds 10%

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MARKET WRAP: Indices erase early gains to end flat; Ashok Leyland sheds 10%

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MARKET WRAP: Indices erase early gains to end flat; Ashok Leyland sheds 10%

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MARKET WRAP: Indices erase early gains to end flat; Ashok Leyland sheds 10%

Top gainers in BSE 500 COMPANY LATEST PREV CLOSE GAIN() GAIN(%) VOLUME TATA INV.CORPN. 797.20 702.40 94.80 13.50 63532 ADANI TRANSMISSI 190.55 173.25 17.30 9.99 75844 AU SMALL FINANCE 579.05 536.65 42.40 7.90 34240 SCHNEIDER ELECT. 114.05 105.85 8.20 7.75 88078 TATA METALIKS 700.00 653.30 46.70 7.15 33755 Click here for more

MARKET WRAP: Indices erase early gains to end flat; Ashok Leyland sheds 10%

Fundraising through rights issue hits 10-year high, QIPs see a fall   Fundraising through the rights issue route has hit a 10-year high this year. So far, nine companies have raised Rs 178.6 billion — nearly three times (2.7 times to be precise) of last year’s tally — by way of rights issues. Investment bankers said with weakness in the broader market and spike in volatility, companies have been forced to look at rights issues over the preferred qualified institutional placement (QIP), another way of raising capital where shares are privately placed to a set of investors. Read more

First Published: Wed, November 14 2018. 08:11 IST
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MARKET WRAP: Indices erase early gains to end flat; Ashok Leyland sheds 10%

Catch all the live market action here

Erasing all its morning gains, the domestic equity market settled flat with negative bias on Wednesday. The S&P BSE Sensex ended marginally lower at 35,142, down just two and a half points while NSE's Nifty50 index slipped below the crucial 10,600 level to end at 10,576, down 6 points. TCS, Infosys, Sun Pharma and Mahindra & Mahindra contributed the most to the Sensex's fall.  Among individual stocks, shares of Sun Pharma dropped over 7 per cent to Rs 521 on BSE after the company posted a consolidated loss of Rs 2.18 billion for the quarter-ended September ...

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