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Closing Bell: Markets end in the red dragged down by pharma, Nifty below 19,700 and Sensex slips to 66,000 levelsClosing Bell: Markets end in the red dragged down by pharma, Nifty below 19,700 and Sensex slips to 66,000 levels

The markets extended decline for the fourth straight session and lost nearly half a percent. Profit booking continued in the market and after the initial uptick, the Nifty oscillated in a narrow range. It finally settled around the day’s low at 19,674.25 levels. The Sensex also slipped 221 points and ended the day at 66,009. […]

Gautam Adani hikes stake in Adani Enterprises; total promoter shareholding at 69.87%Gautam Adani hikes stake in Adani Enterprises; total promoter shareholding at 69.87%

Billionaire Gautam Adani-led promoter group has increased its stake in the group’s flagship firm as the ports-to-energy conglomerate continues to recover from the effects of a report by US short-seller Hindenburg Research. Promoter group has increased stake in Adani Enterprises Ltd from 67.65 per cent to 69.87 per cent, according to a stock exchange filing. […]