The top loser was Cochin Shipyard whose stock fell by over 14% to the day’s low of Rs 1,032.25. It was followed closely by Mazagon Dock Shipbuilders which plunged nearly 13% at Rs 2,005.10 on the NSE.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.