Speciality Restaurants, Kirloskar Ferrous Industries, RPP Infra Projects, Chennai Petroleum Corporation, Rane Holdings, Shalimar Paints, Ramkrishna Forgings and Safari Industries from the smallcap index tanked more than 10 per cent. The New India Assurance Company, Tata Power Company, Federal Bank, RBL Bank, Ashok Leyland and Canara Bank from the midcap index slipped between 8 per cent and 10 per cent.
In the auto space, companies with exposure to Europe such as Tata Motors, Motherson Sumi, and Apollo Tyres slid 6-7 per cent in trade. Shares of SpiceJet
were locked in lower circuit of 10 per cent at Rs 91.45 over the UK border closure
According to PTI report, the Union Health Ministry has called an urgent meeting of its Joint Monitoring Group today to discuss the emergence of a mutated variant of the coronavirus in the UK, which has led to a surge in the infection rate there.
A number of European countries have banned flights from the UK as the British government warned that the potent new strain of the virus was "out of control" and imposed a stringent new stay-at-home lockdown from Sunday. CLICK HERE TO READ FULL REPORT
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