While the performance was largely in line with analysts’ expectations, investors were not happy with the sequential moderation in the business, Apollo 24|7 business not breaking even and intensifying competition with Adani group’s foray in healthcare. The Apollo stock closed 6.7% lower on Tuesday, with investor sentiment worsened by the steep decline in the benchmark indices.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.