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Market summary 03 MAY 2018: Indices declined on Thursday,
dragged down by IT and pharma stocks, while caution prevailed as hopes waned
for real progress in Sino-US trade talks due later in the day. Shares of InterGlobe Aviation slumped nearly 20% during the day to
hit their lowest in seven months and wiped out nearly Rs 101.13 billion ($1.52
billion) in market capitalisation after it posted a 73% plunge in profit on
Wednesday. Sixteen out of
19 sectoral indices on ended lower with realty, IT, teck, capital goods and
industrials losing over 1%. MidCap and SmallCap declined 1.16% and 0.84%,
respectively. Sun Pharma, NTPC, Tata Steel and Axis Bank were top gainers,
whereas Wipro, Kotak Bank, Asian Paints and LT were among the major losers.
DAILY CHART FOR UJJIVAN
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