The controversy is likely to cast a shadow over the South's biggest conglomerate, which eyes pharmaceutical and healthcare businesses as a future engine for growth beyond its flagship businesses of mobile handsets and microchip production.

The stock closed 7.58% or 12.60 points lower at 153.60 on the BSE. The stock fell to an intra day low of Rs 151.25, down 9% from the previous close of 166.20. The stock has lost 35.14% during the last one year and fallen 39.18% since the beginning of this year.

Oil prices were seen climbing to $100 per barrel when sanctions on Iran's oil and gas sector came into effect on November 5. But prices have reversed direction during the last 12 straight days.

Chief executive officer Vinod K Dasari resigned after nearly 14 years with the company, the truckmaker said. The company board has accepted his resignation, a top official said on Tuesday.

Commerce Ministry said that the trade ministers took stock of the state of negotiations across the various chapters at 7th RCEP Inter-Sessional Ministerial Meeting in Singapore on 12-13 November.

Oil prices posted the deepest plunge in more than three years in the international market. Brent crude, used to price international oils, dropped to $65.17 a barrel. Oil has now fallen roughly 30 percent for 12 straight days, driven by worries over rising oil production around the world and weakening demand from developing countries, with expectations for increased supply from the US and OPEC.

Other paint stocks too gained in early trade. While Berger Paints gained 5.30% to 325 level, Shalimar Paints rose 2.56% to 88.20. Kansai Nerolac Paints too rallied 4.85% to 421.25 level on the BSE. Crude oil is a key raw material in the production of paints.

With the 6T, OnePlus raises the benchmark yet again. For the price it comes, OnePlus 6t is a powerhouse with no big compromises.