The downside pressure on gold further intensified on Thursday on better-than-expected S&P US Global manufacturing and services PMI data
Technical indicators such as the RSI, MACD, and Stochastic are showing signs of potential correction and underperformance for the Nifty Pharma index
PGEL forecasts revenues of Rs 3,400 crore, a growth of 23.8 per cent over FY24 consolidated revenues, despite the transfer of the TV business to Goodworth Electronics
GMM Pfaudler's consolidated net profit dropped 14 per cent to Rs 28.7 crore in Q4FY24, from Rs 33.3 crore in the same quarter a year ago (Q4FY23)
On the domestic front, investor attention is focused on forthcoming manufacturing data and the Q4 results of major players such as ITC, IndiGo, and Fortis Healthcare
The decline followed the company's announcement of its Q4 results, which fell short of market expectations. Paytm's loss widened to Rs 549.6 crore in Q4FY24
At 6:53 AM, GIFT Nifty futures were trading down 13 points at 22,644.50 against Nifty futures
The fall came after the company announced its Q4 results, which missed street expectations.
The approval for the generic version of Lanreotide Acetate is in line with Cipla's growth strategy in the complex product segment and will strengthen Cipla's position in the US market.
Shares of Zomato have soared 57 per cent so far in 2024, but those of Paytm have tumbled 46 per cent
European markets closed on a negative note, with Germany's DAX falling 0.22 per cent and the UK's FTSE dropping 0.09 per cent
At 7:09 AM, GIFT Nifty futures indicated a modest uptick of 25 points, trading at 22,626 against Nifty futures
Cipla was in a downtrend and corrected ~13 per cent in the recent fall. On the daily charts it formed an Inverted Head and Shoulders pattern which is a Trend reversal pattern
Apart from the rise in metal prices, some stock-specific reasons, like the demerger of Vedanta group companies into separate entities, have also led to the rally in the metal pack
Gensol Engineering on Tuesday announced the appointment of Shilpa Urhekar as Chief Executive Officer (CEO), Solar EPC (India). Urhekar will succeed Ali Imran Naqvi, who has been nominated to oversee the growth of Gensol Engineering Ltd and its subsidiaries, the company said in a BSE filing. Before joining Gensol, Urhekar served as the Country Head (India) at Sterling and Wilson Renewable Energy Ltd (SWREL), where her tenure saw successful bidding and execution of 6 Gigawatt (GW) renewable energy projects. She managed the multi-gigawatt Solar EPC projects across India. Under her guidance, SWREL achieved positive bottom-line growth and completed projects ahead of schedule. With over two decades of experience in the renewable energy industry, Urhekar's appointment marks a pivotal moment for Gensol's leadership team. She will primarily focus on strengthening the company's solar EPC business and solidifying its position as a key player in India's renewable energy landscape, according
The uptick came after the company posted a strong set of Q4 numbers. Wheels India's net profit soared 79 per cent on a year-on-year (Y-o-Y) basis to Rs 38.3 crore
The stock of state-owned defence company is quoting higher for the sixth straight trading days and zoomed 26 per cent during the period
Despite tech shares propelling the Nasdaq Composite to record highs, most Asia-Pacific markets saw declines
In the domestic market, foreign institutional investors (FIIs) offloaded shares worth Rs 92.95 crore, on May 18. Meanwhile, domestic institutional investors (DIIs) sold shares worth Rs 152.87 crore
Lok Sabha elections: The BSE and the National Stock Exchange will remain closed on Monday, May 20, as a public holiday has been declared in Mumbai for polling