ReutersOn the BSE, Aadi Industries Ltd.(down 19.95 per cent), Haria Apparels(down 19.77 per cent), Rajeshwari Cans(down 13.57 per cent), Sangam Renewables(down 12.13 per cent) and Chemcrux Ent(down 11.19 per cent) were among the stocks that plunged over 5 per cent during the session.
In the Nifty pack, 34 stocks traded in the green, while 16 stocks traded in the red.
The Nifty index was trading 81.8 points up at 18285.2.
On the BSE, Gland Pharma, Balaji Amines, Ushdev Intnl, Peeti Sec and Power & Instrument hit their fresh 52-week lows, while Sheetal Diamond, Refex Industries, Nilkamal Ltd, Chembond Chem and Jai Balaji Inds touched their fresh 52-week highs.
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Boarding Gate: Financial Investors Being Tapped to Bid for Go FirstPreliminary talks on a possible rescue of grounded budget carrier Go First through the insolvency process have been initiated with a few financial investors, including a leading global private equity fund, said people with knowledge of the matter.
Borrowing Rates for Govt, Cos to DeclineBulk borrowing rates for the government and corporates are set to reduce in the short term as Friday’s central bank move to withdraw India’s highest denomination banknotes of ₹2,000 from the markets is expected to boost banking system liquidity.
Tiger Gets Ready to RRoar at IPLTiger Global, among the world’s most prolific technology-focused investors, is in talks to pick up a financial stake in the Indian Premier League’s franchise Rajasthan Royals, said two people in the know of the matter.
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