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Small-Cap Pharma Stock Plunges as US Regulatory Letter Wipes Out Rs 938 Crore in Market Cap—But It’s Not All Bad News

Despite the sharp decline, the regulatory setback isn't as severe as it seems—the letter only raises compliance concerns without halting operations or triggering an import alert.

Abhishek Wani 0 122 Article rating: 5.0

Despite the sharp decline, the regulatory setback isn't as severe as it seems—the letter only raises compliance concerns without halting operations or triggering an import alert.

Market Crash: Sensex & Nifty Down Over 1.8 Per Cent, Midcap & Smallcap Indices Plunge Upto 2.5 Per Cent

The Nifty 50 closed down by 1.86 per cent to 22,124.70, and the Sensex fell by 1.90 per cent to 73,198.10.

Manoj Reddy Sama 0 162 Article rating: 1.0

Market breadth was extremely negative, with 489 advances and 2,416 declines, indicating a severe negative sentiment prevailing among investors.

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