Apart from this, the Nifty Pharma index cracked 1.39 per cent due to a fall in Laurus Labs and Alembic Pharmaceuticals.
“Global inflationary pressure following upsetting US inflation data forced the domestic market to trade with deep cuts.
The initial public offering of Latent View Analytics opened for subscription on Wednesday, November 10, 2021.
Tesla Chief Executive Elon Musk sold about $5 billion in shares, the billionaire reported in filings on Wednesday, just days after he polled Twitter users about selling 10% of his stake.
The 4.5 million shares equate to about 3% of his total holdings in the electric vehicle manufacturer, which makes up the vast part of his estimated $281.6 billion fortune, according to Forbes.
Petrol and diesel prices were steady for the seventh successive day on Thursday, November 11, 2021.
The price of petrol in Delhi stands at Rs 103.97 per litre while that of diesel is at Rs 86.67.
Reserve Bank of India Governor Shaktikanta Das on Wednesday raised serious concern over the rapid growth of cryptocurrency business in India.
Overnight though, the S&P 500 tumbled 0.82%, its worst day in more than a month.