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Indian equity markets began the truncated weak on a negative note owing to lack of positive cues from anywhere across the globe.
The S&P BSE Sensex ended 4.6 percent lower at 28,440. The 30-stock index shed 1,375 points in today's session. 22 out of the 30 constituents ended the day with losses.
The NSE Nifty 50 ended the day with cuts of 4.4 percent at 8,281. 380 points were given up by the index which opened 3 percent lower. 39 out of the 50 constituents reported losses.
Cipla ended up being the top gainer on the index, ending the day with gains of 6 percent.
All sectoral indices barring FMCG and Pharma ended the day with losses, with Nifty Bank falling 6 percent and Nifty Realty seeing a 7 percent drop.
702 stocks ended the trading day with gains while 1,095 stocks reported declines.
Shares of JSW Steel recovered from the day's low but trade 6 percent lower at Rs 142.75, while JSW Energy too recovered from the day's low to trade 1.6 percent lower at Rs 43.75.
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Shares snapped a four-day gaining streak, falling as much as 8.1 percent to Rs 98.15 on the National Stock Exchange.
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Shares trade 4.49 percent lower at Rs 1,586.65 on the National Stock Exchange, their lowest since June 2013.
Shares of the animal feed and agribusiness company gained as much as 4.86 percent to Rs 327.95 on the National Stock Exchange.
The company entered into a sale deed with Godrej Properties to sell a land parcel in Bengaluru for Rs 134.68 crore. Both companies had signed an agreement in June 2016, to jointly develop land parcels measuring 100 acres in Karnataka.
The stock has risen over 22 percent from its 52-week low of Rs 265 on March 24, 2020.
On the other hand, shares of Godrej Properties trade 9 percent lower at Rs 627.
Shares trade 4.3 percent lower at Rs 656.95, down for the third straight day.
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Shares trade 2.67 percent lower at Rs 52.90 on the National Stock Exchange, down for the third day in a row.
Gains from the last three sessions have added Rs 3,547 crore to the company's market capitalisation.
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Shares currently are off opening lows but trade 3.6 percent lower at Rs 326.
Shares are locked in an upper circuit of 5 percent for the third straight day, after snapping an 11-day losing streak on Thursday.
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Find out all that you need to know going into today’s trade and the companies impacted by Covid-19 here.
Know what is happening across Asian Markets this Monday morning here.
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