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Market Update - Jet Airways Drops, Vodafone Idea falls over 4%

Jet Airways Drops - After Top Executive Resigns Shares of the cash-strapped airline declined as much as 13 percent to Rs 121. The company’s Deputy Chief Executive Officer and CFO Amit Agarwal stepped down.
Yes, Bank shares are trading 1.5% lower at Rs 152.45, while Zee Entertainment shares are down 1.6% to Rs 336.60 to emerge among the biggest Nifty losers. 

Vodafone Idea falls over 4% - India's largest telecom operator, on Monday, reported a consolidated loss of Rs 4,881.9 crore for the quarter ended March 31, amid a brutal tariff war in India's telecom market. 

Engineers India Gains -  After Signing Pact Shares of Engineers India rose as much as 1.5 percent to Rs 105.25 Engineers India Gains After Signing Pact Shares of Engineers India rose as much as 1.5 percent to Rs 105.25. The company signed a contract with Mangol Refinery for providing its PMC Services for the construction of Crude Oil Refinery plant in Mongolia.

Rupee Opens: The Indian rupee marginally added in the early trade on Tuesday. It opened higher by 1 paise at 70.51 per dollar versus previous close 70.52 yesterday.

Sun Pharma, Vedanta, Reliance, IndusInd Bank, ITC, Adani Ports and Eicher Motors are among major gainers on the indices, while losers are Tata Steel, Infosys, ONGC, Asian Paints and L&T. Among sectoral indices, FMCG, Pharma and PSU banks are trading higher. 



Market  News \ Rupee | US-China | Jet Airways | Vodafone- Idea | Engineers India | 

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