The market ended with marginal losses as the Nifty was below 8500. The 50-share index was down 10.75 points or 0.1 percent at 8466.5 while the Sensex slipped 46.73 points or 0.1 percent at 27831.54. Coal India, GAIL, Cipla, Vedanta and Lupin were among laggards. Maruti, Tata Steel, Infosys, TCS and SBI were top gainers in the Sensex.
Shares of Sharon Bio Medicine were locked at 20 percent upper circuit at Rs 21.30 on Tuesday after the US drug regulator audited company's formulation plant in Uttarakhand.
In last week, the formulation plant at Dehradun in Uttarakhand has been inspected and audited by officials of US Food and Drug Administration (USFDA)," said the drug maker in its filing. It was the company's second plant inspected and audited by USFDA officials in the last 2 months. The US drug regulator had inspected and audited its Navi Mumbai plant (the first plant) in the first week of July 2015.
The Sensex declined 44.52 points to 27833.75 and the Nifty fell 11.10 points to 8466.20. About 1567 shares have advanced, 1228 shares declined, and 117 shares are unchanged on the BSE.
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