Manpasand Beverages plunges 10%, extends fall to 6th session

NEW DELHI: Shares of Manpasand Beverages plunged 10 per cent in morning trade on Wednesday, extending its fall to the sixth session.

Manpasand Beverages' shares ended at Rs 275.85 on Tuesday, hitting the 20 per cent lower circuit for the second consecutive session after its auditor Deloitte Haskins & Sells resigned ahead of a board meeting scheduled on May 30 for consideration of financial results. The board meeting has been cancelled.

Vakrangee (down 4.99 per cent), Capital Trust (down 4.36 per cent), Dollar Industries (down 4.30 per cent), Bombay Rayon (down 4.06 per cent), McNally Bharat (down 3.91 per cent), Mirza International (down 3.65 per cent), HCL Infosystems (down 3.63 per cent) and Eveready Industries India (down 3.63 per cent) cracked up to 4 per cent.


Equity markets were in the negative territory, tracking global cues after Asian shares extended a global sell-off in early trading on Wednesday as Italy's political crisis provoked a heavy retreat on Wall Street.

The NSE Nifty index was trading 40 points down at 10,593, while the BSE Sensex was down 101 points at 34,848 around 09:55 am.

In the Nifty index, 15 stocks were up, while 35 were down.

Coal India, Mahindra & Mahindra, Power Grid Corporation, Tech Mahindra, Infosys and ONGC were among the gainers in the Nifty index.

On the contrary, Axis Bank, Hindalco Industries, Hero MotoCorp, Vedanta and Tata Motors were among top Nifty losers.