Wednesday 10 April 2019

Market Live: Sensex, Nifty Trade Flat; Metal, Pharma Stocks In Focus

Posted by suhani varma on Wednesday, April 10, 2019 with No comments


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Buzzing: Shares of Mahindra CIEAutomotive rallied nearly 2 percent after the company completed the acquisition of Aurangabad Electricals for Rs 830 crore.


Crude Update: Oil prices edged back towards five-month highs on Wednesday, supported by ongoing supply cuts by producer club OPEC and US sanctions against oil exporters Iran and Venezuela.


Operations at Hindalco's Muri plant suspended temporarily: There was an incident in the red mud (bauxite residue) storage
area connected to the alumina plant situated at Muri, Jharkhand, on 9th April 2019.

The incident involved a spillage in the red mud cake storage area. As a precautionary measure, operations have been temporarily suspended to assess the situation.

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