An evening walk down D-St: Sensex, Nifty fall for 2nd day in a row; Yes Bank, Tata Motors crash Broader Midcap and Smallcap indices underperformed Sensex, falling 1.32 percent and 1.43 percent, respectively.
Stocks in the news: SPARC, SpiceJet, Alembic Pharma, Dr Reddys Labs, United Spirits, Deepak Nitrite Alembic Pharma | Dr Reddy's Labs | United Spirits | HDIL | Deepak Nitrite | IOL Chemicals and Freshtrop Fruits are stocks which are in the news today.
Sparc - Abraxis Biosciences has filed a complaint in the U.S. Court which alleges that the Spark's filing of new drug application for Taclantis injection as an act of infringement of the Orange Book listed patents for Abraxane. Sentimentally Negative
Podcast | Stock picks of the day: 200-DMA likely to act as tough support for Nifty The long-term 200-DMA levels of 11,130 is going to act as a crucial support area for the Nifty. On the upside, resistance is seen around the 11,400 zone.
A morning walk down Dalal Street | Bounce back can’t be ruled out as Nifty looks oversold The index appears to be getting more pronounced as Nifty closed for the second session below its 200-day exponential moving average (11,296), suggest experts.