The Indian share
markets witnessed some selling pressure during the afternoon session and
finished the day below the dotted line ahead of US Fed rate decision to be
announced today.
At the closing bell, the BSE Sensex
closed lower by 95 points, whereas the NSE Nifty
finished down by 39 points.
Barring IT
sector and realty
stocks, all sectoral indices ended the day in red. Metal
stocks and PSU
stocks led the losses.
Meanwhile, here is a list of BSE
gainers today.
Moving
on to the news from stocks in Pharma
sector.
The pharma industry as whole is
undergoing regulatory crackdowns. Considering the pharma’s regulatory
distresses, are Indian pharma companies now adapting
to the scrutiny by the USFDA? (Subscription Required. Our pharma sector analyst, Bhavita Nagrani, is of the
opinion that Lupin was able to insulate its growth despite rising pressures in
the sector. She has recently shared a detailed view on the company and
valuations in the recommendation
report of The India Letter.
Lupin
share price ended the day down by 0.4%.
As we wrote this share market news, oil prices were
trading at US$ 52.37.
At last, if you have any query, use Equitymaster's
online stock
screener to scan stocks listed in BSE and NSE stock exchanges in India
using various key metrics like share price, market cap, P/E ratio, dividend yield
and more.
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complete Indian stock market update.
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