TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
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Markets ended flat on Tuesday, amid a volatile trading session, as investors exercised caution ahead of the two-day FOMC meet starting today and Reserve Bank of India's monetary policy later this week.
'The Khalistanis get bulk of the money from abroad.' 'Where did Amritpal's Mercedes come from, which costs well over Rs 60 lakhs?' 'Where does his fleet of vehicles come from?' 'Local Punjabis can certainly not contribute this kind of money.'
Jammu and Kashmir MLA Ramesh Arora wants momos banned, but are they really unhygienic and harmful?
Investors will maintain a cautious stance.
US country head, key departmental heads leave; more likely to follow.
The top gainers on the Sensex are Gail(India), HDFC, Infosys.
Indian companies have made acquisitions of $1 billion so far in January
With the threat of COVID-19 pandemic continuing to loom over the world, the Ministry of Ayush has come out with a comprehensive document putting forth the concept of 'holistic health'.
Markets ended their lowest close in 2015 on fears of FII outflows as the US Fed may hike rates.
Ranbaxy, which is 63.5 per cent-owned by Japan's Daiichi Sankyo Co and gets more than 40 per cent of its sales from the United States, did not immediately respond to a request on Wednesday for comment on the FDA observations.
Details on prices sought as 10 generic drugs become up to 83 times costlier in 6 months
The percentage of non-standard quality drugs in the state has been in the range of 2-2.5% as compared to an all-India average of 5-6%
Earning woes drag markets lower; TCS, HUL lead fall.
Benchmark indices finished higher on hopes of economic reforms
Samvat 2072: Auto sector could see faster recovery
Addressing a press briefing, health ministry Joint Secretary Lav Agarwal said currently there are no approved therapies for COVID-19 and there is not enough evidence to claim that plasma therapy can be used for treatment of the disease.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
Nestle now has less than two weeks to convince the regulator why product approval for its noodles should not be withdrawn
The complaint is against Nestle's 'unfair trade practices'.
Maggi noodles was recalled in June because some states had found presence of MSG and excessive lead content in the samples.
On BSE, 1,469 shares fell and 1,200 shares rose. A total of 190 shares were unchanged.
Torrent to buy Ranbaxy's anti-bacterial generic
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
Sensex,Nifty to remain under pressure through the week.
Singh brothers might be stopped by 'fit & proper' hurdle due to US drug norm violations; firm says confident of qualifying.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
In 2013, Daiichi had launched the arbitration proceedings in Singapore.
Indian markets ended on a lower note after the stimulus announced by the European Central Bank (ECB) failed to meet expectation.
The winter session of Parliament will commence on November 26.
Analysts say those taking exposure through stocks could look at firms focused on domestic business
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
Ranbaxy did its maiden public issue in 1973.
Maggi banned in Delhi for 15 days.
In the longest losing streak of 2017, the BSE Sensex has lost 1,270 points, or 3.91 per cent. It fell to a three-month low of 31,154.03 on Wednesday.
And when an inspector asked about the contents of unlabelled vials in the laboratory glassware washing area, a plant worker dumped them down a sink and said the contents could not be determined, according to a July 18 letter from the US Food and Drug Administration to Wockhardt, which makes sterile injectable drugs and various forms of insulin.
'Indian doctors have also been wary of patients learning about drugs and brand names.' 'Probably harking back to the Brahmanical tradition of preserving information and knowledge from getting polluted by the lower classes,' says Ambi Parameswaran.
The benchmark Nifty rallied 1,000 points or 17% from 7,000 in 78 trading sessions since May 12, till date to surpass the 8,000 mark.
The top gainers on the Sensex were Cipla, Bharti Airtel, Maruti Suzuki, Hero Moto & Sesa Sterlite.
