INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Lanco Infratech (down 10 per cent), Antarctica (down 9.09 per cent) and Neulands Global Industries (down 8.33 per cent)
plunged up to 10 per cent on NSE during Friday's session.
Stocks such as Zenith Birla (down 6.67 per cent), Shyam Telecom (down 5.85 per
cent), Centum Electronics (down 5.48 per cent), Moksh Ornaments (down 5.11 per cent) and Ramgopal Polytex (down 5 per cent) declined over 5
per cent.
Equity market benchmarks were in the red on losses in heavyweights, including HDFC twins, Sun Pharma, State Bank of India and
Shares of Sun Pharmaceutical Industries weakened over 4 per cent on Friday after a media report stated that the USFDA issued six
observations to the company’s Halol plant for inspection in August
Fresh capital outflow amid weak Asian cues also dented sentiment
The NSE Nifty index was trading 21 points down at 11,516, while the BSE Sensex was down 83 points at 38,160 around 10:05 am.
Among the 50
stocks in the Nifty index, 24 stocks were in the green and 26 were in the red.
Bajaj Auto, Tata Motors, Wipro, Hero MotoCorp and UPL were
among the top gainers, while Sun Pharma, YES Bank, Power Grid Corporation, State Bank of India and HCL Technologies were among the top
losers in the Nifty index.
