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Closing Bell: Nifty ends below 10,850, Sensex falls 239 points; Tata Motors gains 4%

The Sensex was down 239.67 points at 35973.71, while Nifty was down 44.80 points at 10835.30.

Feb 26, 03:33 PM (IST)
Market At close: Indian indices registered a sharp recovery on Tuesday after it slipped in the morning trade on the back of Indian Air Force (IAF) strike early morning in Pakistan occupied Kashmir (PoK).

The Sensex was down 239.67 points at 35973.71, while Nifty was down 44.80 points at 10835.30. About 930 shares have advanced, 1556 shares declined, and 144 shares are unchanged.

Top gainers include Zee Entertainment, Tata Motors, TCS, Coal India and IOC, while losers were Indiabulls Housing, HDFC, ICICI Bank, HCL Tech and Infosys.

Among the sectors, PSU bank, energy, infra, IT and FMCG witnessed selling pressure, while some buying was seen in the auto, metal and pharma space.

Feb 26, 02:40 PM (IST)
Kotak Mahindra Bank approved increase in ceiling limit on the total shareholding of Foreign Institutional Investors (FIIs)/Foreign Portfolio Investors (FPIs) from the current limit of 43% to 45% with immediate effect.

Feb 26, 02:28 PM (IST)
Lupin launches Minocycline Hydrochloride ER tablets: Company announced the launch of Minocycline Hydrochloride Extended-Release Tablets USP 55mg, having received an approval from the United States Food and Drug Administration (FDA) earlier.

Feb 26, 01:58 PM (IST)
Bank of India approves to issue equity shares to government: Board of Directors at their meeting approved for issue of fresh equity shares to Government of India through preferential issue in respect of share application money of Rs 4638 crore received, after obtaining shareholders and other approvals.

Feb 26, 01:45 PM (IST)
NBCC signs MoU with RSCL: Raipur SMART City (RSCL) has appointed NBCC (India) as their executing agency for the various infrastructure works under Raipur SMART city at Raipur; on “Deposit work basis”, NBCC will charge project management consultancy (PMC) fees of 8 percent on the actual cost of work.

source: moneycontrol.com

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