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Market Update - IndusInd Bank, IOC shares gain; Lupin Falls

Lupin Falls-  The Most In A Month After U.S. FDA Owes Shares of the drugmaker fell 3.8 percent intraday, the biggest slide in over a month, to Rs 835 apiece. Lupin, in an exchange filing, said the U.S. health regulator had cautioned that the firm's Pithampur facility may be subject to regulatory or administrative action.
IndusInd Bank, IOC shares gain - IndusInd Bank shares are trading 1.3% higher at Rs 1,675.50, while IOC shares are up 3% to Rs 168.65, to emerge among the biggest Sensex gainers. 

Coromandel International, IOC, HPCL, BPCL, Indiabulls Housing, IndusInd Bank, Gail Zee Ent, HDFC, JSW Steel, RIL, Eicher Motors are among major gainers on the indices, while UltraTech Cement, ACC, ITC, Sun Pharma and Tata Global Beverage are trading lower. On the sectoral front, bank, auto, energy, infra and IT are trading higher.

Rupee Opens: The Indian rupee opened lower by 19 paise at 69.81 per dollar on Wednesday versus previous close 69.62.

Sterlite Technologies Gains - After Q4 Results Shares of the telecom equipment manufacturer rose as much as 4.7 percent, its biggest intraday gain in three weeks, to Rs 217 apiece.

 Tata Global Beverages down over 1% - Tata Global Beverages (TGBL) on Tuesday reported 49.70 percent fall in consolidated net profit at Rs 35.99 crore for the March quarter of the 2018-19 financial year. 



Source

Share Market | Rupee Update | Lupin Shares | IndusInd Bank | IOC Shares | TGBL


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