The scrip of the company declined 3.22 per cent to Rs 1,419.75 on the BSE. On the NSE, it fell 3.31 per cent to Rs 1,417.45.
The S&P BSE Sensex declined 2,002.27 points (5.94 per cent) to settle at 31,715.35, while the Nifty 50 ended below the 9,300-mark at 9,293.50, down 566.40 points (5.74 per cent). This was their biggest one-day slide in over a month.
Depending on how it all shakes out, there will be implications for corporate earnings and interest rates that will affect investment decisions for years if not decades to come, some analysts are now saying. Should the epidemic continue to ebb, that’s set to become the key debate in markets as the year progresses.
The scrip jumped 8.88 per cent to Rs 359 on the BSE. On the NSE, it zoomed 8.88 per cent to Rs 359.
At the interbank foreign exchange, the rupee opened at 75.17, then gained ground and touched 75.03, registering a rise of 63 paise over its previous close.
The S&P BSE Sensex climbed 997.46 points (3.05 per cent) to settle at 33,717.62, while the Nifty 50 ended at 9,859.90, up 306.55 points (3.21 per cent). Both the indices had opened 2 per cent higher earlier in the day and rose around 3.5 per cent during the intraday session of trade.
The rupee strengthened as much as 52 paise against the dollar to move above the 76 mark to 75.66 in the wake of the improvement in global risk environment.
At the interbank foreign exchange, the rupee opened at 75.94, then gained ground and touched 75.84, registering a rise of 34 paise over its previous close.
The S&P BSE Sensex rose 605.64 points (1.89 per cent) to close at 32,720.16. Likewise, the Nifty 50 settled at 9,553.35, up 172.45 points (1.84 per cent).
The spike in retail food prices after lockdown reverses the trend since early 2020.
In a circular, BSE has informed its trading members of commodity derivative segment that the exchange's trading system has been modified to accept orders and execute trades at negative prices.
The rupee opened weak at 76.33 at the interbank forex market and then fell further to 76.40, down 15 paise over its last close.
The S&P BSE Sensex climbed 371.44 points (1.17 per cent) to end at 32,114.52, while the Nifty 50 settled at 9,380.90, up 98.60 points (1.06 per cent).
Forex traders said the uptick in the currency counter was largely due to expectations of more stimulus measures from central banks to support their respective economies reeling under the COVID-19 pandemic.
Though, after rallying over 700 points during the session, the BSE gauge pared some of its intra-day gains. The 30-share index finally settled 415.86 points or 1.33 per cent higher at 31,743.08.
After hitting a high of 31,977.82, the 30-share index was trading 632.65 points or 2.02 per cent higher at 31,959.87. Similarly, the NSE Nifty jumped 174.20 points, or 1.90 per cent, to 9,328.60.
The rupee opened at 76.30 at the interbank forex market and then fell further to 76.31, down 25 paise over its last close.
The S&P BSE Sensex fell 535.86 points (1.68 per cent) to end at 31,327.22, while the Nifty 50 closed at 9,154.40, down 159.50 points (1.71 per cent).
The 30-share index ended 483.53 points or 1.54 per cent higher at 31,863.08. The broader NSE Nifty advanced 126.60 points, or 1.38 per cent, to settle at 9,313.90.
At the interbank foreign exchange, the rupee opened higher at 76.31 rose further to the day's high pf 76.00. The rupee finally settled at 76.06 against the US dollar, registering a rise of 62 paise over its previous close.