Markets have continued to trade soft as stocks have been seeing sideways movements across all the sectors. The indices have also been constantly moving sideways for the past week.
Stocks of Ranbaxy have seen a huge decline of over 17% in today’s trade as reports have come regarding the US FDA ban on its Punjab-based Toansa Active Pharmaceutical Ingredients (API) plant. The stock is down by 17% and is trading at 347.65.
The CNX Nifty Junior index is also down by 20 points. Canara Bank is down by 2.6% and is trading at 258.