Buzzing: Shares of Vedanta slipped further today, on top of 2 percent correction in previous session after Odisha pollution board asked company to shut down plant.
The Odisha State Pollution Control Board (OSPCB) in Jharsuguda has ordered temporary shut-down of its five units following a breach in its ash pond dyke wall in August.
The firm has been asked to close three units of 135MW of the 1215MW power plant and two units of 600mw each of the 2400MW power plant.
Block deal: Shares of Max Financial Services gained around five percent in early trade today on the back of a block deal.
Around 74 lakh shares of the company were traded in five blocks on the BSE at an average price of Rs 602 per share.
Interestingly, Xenok and GS Mace were reportedly looking to sell 11.8 million shares at a floor price of Rs 595 per share today.
Market Check: Equity benchmarks started off last day of the week on a negative note, tracking weakness in Asia post North Korea launched a missile that flew over Japan.
The 30-share BSE Sensex was down 28.52 points at 32,213.41 and the 50-share NSE Nifty fell 13.70 points to 10,072.90.
Tata Steel, Vedanta, Sun Pharma, Lupin and Indiabulls Housing were under pressure. BHEL gave up yesterday's gains, down nearly 3 percent.
In broader space, Indiabulls Venturs, Sunil Hitech, Max Financial, SpiceJet, Bombay Dyeing, Liberty Shoes, Container Corporation, Avenue Supermarts and Future Retail rallied up to 6 percent.
Bajaj Finance, Indiabulls Real and Voltas were under pressure.
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