Both agencies have downgraded Gensol to their respective ‘D’ citing high-risk of defaulting on its payments. Earlier in February, the chairman and MD of the company had sold part of his shares to reduce the pledged shares against the loan for the company.
In the five trading sessions prior to March 7, the Sensex rose by around 1.5%, or 1,134 points, closing at 74,333. The market ended on
FPIs have been selling off Indian equities in March, with outflows totalling Rs 24,753 crore as of March 7. The trend has slowed slightly, but
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