Stock Market 11-March-2020

Stock Market 11-March-2020



Corporate News-



NCLAT upholds CCI order on Adani Gas for abuse of dominant position.

US FDA accepts Biocon's cancer drug application for review.       

Oil down over 30% after Saudis slash prices in all-out crude war.           

Pharma sales growth back in double digits in February led by respiratory drugs.



Management Speaks-



Mr. Romesh Sobti, MD & CEO, IndusInd Bank, said the bank did not defer capital raising due to fear around AT1 bond.

Mr. Prashant Kumar, Administrator, Yes Bank, said the bank may lift withdrawal limit as early as this week.