stock markets

The Russian Direct Investment Fund (RDIF) today announced tie-up with Dr. Reddy’s Laboratories to conduct the clinical trials and distribution of Sputnik V vaccine in India.

However, Vodafone Idea spurted nearly 30 per cent to Rs 12.88 per share after reports said the US wireless carrier Verizon and e-commerce giant Amazon may invest over four billion dollars in the beleaguered telco.

The BSE S&P Sensex closed 273 points or 0.71 per cent up at 38,901 while the Nifty 50 gained by 83 points or 0.73 per cent at 11,470.

At the closing bell, the BSE S&P Sensex was down by 839 points or 2.13 per cent at 38,628 while the Nifty 50 lost by 305 points or 2.62 per cent at 11,342.

Among stocks, Tata Motors accelerated by 5.3 per cent to Rs 127.65 per share while Eicher Motors and Mahindra & Mahindra gained by 2.2 per cent and 1.6 per cent respectively.

TVS Motor Company registered sales of 252,744 units in July 2020 as against 279,465 units registered in the month of July 2019.

Among stocks, Reliance Industries lost by 1.84 per cent to Rs 2,070 per share on profit-booking, a day after it reported over 30 per cent jump in Q1 net profit at Rs 13,248 crore.

BSE launched the first 'options in goods' contracts on Gold mini and Silver kg based on spot prices from June 1, 2020. These contract are converted in to physical delivery on expiry.

Among stocks, Bharti Infratel was up by 22.6 per cent to Rs 152.10 per share while ONGC jumped by 17.9 per cent and GAIL by 16.3 per cent.

Equity benchmark indices continued to bleed red throughout the day, following slide in global peers as fears intensified over the spread of coronavirus outbreak and oil prices plunged.