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Fortis Healthcare slumped 14.07% to Rs 267.40 after the Supreme Court ordered a forensic audit of the share sale in Fortis Healthcare in 2018 and refused to allow the open offer from Malaysias IHH Healthcare to proceed.

KP Energy hit an upper circuit of 5% at Rs 435.15 after the company announced that it has secured an order for development of 8.1 megawatt (MW) hybrid power project (comprising of 8.1 MW wind capacity and 6 MW solar capacity) in Gujarat.

Venus Pipes & Tubes added 2.19% to Rs 571.90 after the companys board approved a capacity expansion plan of Rs 50 crore for bigger diameter tube mill to manufacture stainless steel welded pipes.

Hindustan Oil Exploration Company Ltd, Sunteck Realty Ltd, Sona BLW Precision Forgings Ltd and Varroc Engineering Ltd are among the other losers in the BSEs A group today, 22 September 2022.

The Swiss National Bank raised its key interest rate to positive territory on Thursday to counter the renewed rise in inflationary pressure. The central bank hiked the SNB policy rate by 0.75 percentage points to 0.5 percent, as expected. This was the second consecutive rate hike. The interest rate turned positive for the first time since early 2015. The inflation projection for this year was […]

Lupin said that it has received approval from the United States Food and Drug Administration (FDA) for its abbreviated new drug application (ANDA) for Diclofenac Sodium Topical Solution.

Tasty Dairy Specialities Ltd, Tourism Finance Corporation of India Ltd, Jayaswal Neco Industries Ltd and Excel Realty N Infra Ltd are among the other losers in the BSEs B group today, 22 September 2022.

It touched 145.405 Yen/ $

The headline equity indices closed with modest losses on Thursday amid negative global cues. The Nifty ended below the 17,650 level. Media, FMCG and auto stocks saw buying demand while bank and financial services shares saw a bit of selling pressure. Trading was volatile due to the expiry of weekly index options on the NSE today. As per provisional closing, the barometer index, the S&P […]

Massive strength in the US dollar following a 75 basis point Fed rate hike coupled with hawkish message by the central bank on future rate hikes added immense pressure on Gold that fell to a near two and half year low. Fed Chair Jerome Powell said the bank needed to take much more aggressive measures to combat red-hot inflation, and was prepared to put some […]