The Nifty50 closed 346 points lower at 17,530. On a weekly basis, the index corrected 1.7 per cent. It formed a bearish engulfing candle after two consecutive bullish candles, which suggests that the momentum could take a breather.
Fortis Healthcare Ltd on Tuesday reported a 7.44 per cent decline in consolidated net profit at Rs 188.02 crore in the fourth quarter ended March
Belrise Industries plans a ₹2,150 crore IPO to repay debt, reducing promoter stake to 73%. Despite stable revenues, margins have declined and profit dipped due
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