In other sectors, except for IT, the pressure of selling with PSU bank index shed is more than 3%, metal (down 2.5%), energy (down 2%), auto, FMCG, Infra and Pharma are being seen. BSE Smallcap and Midcap were down 2 percent and 1.5 percent respectively.
Sarda Energy and Minerals in its meeting sought shareholders approval for an amount of more than Rs 1,000 crore through equity/equity related instruments.
Nestle India up 4%:
Nestle India's stock price jumped more than 4 percent on August 5 after the company reported a better number for the quarter ended June 2019. In the same quarter of the previous financial year, the company's Q2 net profit grew 10.8 percent to Rs 437.8 crore, which was Rs 395 crore.
Aurangabad facility of Lupine receives EIR:
The company has received an Installation Inspection Report (EIR) from the USFDA for Aurangabad facility. The facility was inspected by USFDA on 6 May 2019 and May 15, 2019.
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