Given the persistent selling by global funds, Nifty recorded five consecutive months of selling - the first time in three decades
The uptick in the Emcure Pharmaceuticals share price came after the company announced its entry into the daily supplements space with the expansion of its Arth range
The stock gained after the company launched its qualified institutional placement (QIP) at a floor price of Rs 1,219.65 per share
The fall in the share price came after the company announced that its Clinical Research Organisation, AnaCipher, located at Hyderabad, has received one Form 483 at the end of the inspection by USFDA
The uptick in Anupam Rasayan share price came after the company inked a 10-year letter of intent (LoI) valued at approximately Rs 922 crore, or $106 million with a Korean multinational
Currently, the market is lacking the momentum to break decisively above 22,800 or below 22,000. Nifty is likely to consolidate sideways within the same in the near term
Stock Market Highlights: The Sensex ended at 74,115 dragged by losses in Reliance and Larsen & Toubro. In the broader market, the MidCap shed 1.6 per cent, and SmallCap dropped 2.3 per cent on Monday.
Nifty SmallCap 100 index plunged as much as 1.95 per cent to an intraday low of 15,201.75, while Nifty MidCap 100 index slipped 1.60 per cent to an intraday low of 48,403
Godrej Consumer shares came under investors' focus after the company announced that it has begun commercial production at its new manufacturing facility located in Chengalpattu, Chennai, Tamil Nadu.
The anti-dumping duty imposed by the Ministry of Finance shall be effective for a period of 5 years with effect from March 7, 2025
Nomura pointed out that India is strategically positioned to capitalise on these changes, especially as the US looks to adjust its approach to trade with India, particularly in electronics
Shiv Nadar and Roshni Nadar Malhotra hold 3,055 shares and 2,893 shares respectively, in the company, as per the filing
On the bourses, IndusInd Bank shares have tanked about 8 per cent in the last five trading sessions, 15 per cent in the past month and 37 per cent in the past six months
The filing further read the company will provide a comprehensive response to US FDA for the observations within the stipulated period
In the previous session (March 7), Sensex settled at 74,332.58, down 7.51 points or 0.01 per cent. Nifty50, on the other hand, settled 7.80 points or 0.03 per cent higher at 22,552.50
Towards the end of 2023, ACC initiated a strong rally from the Rs 1,800-1,850 zone, surging sharply to around Rs 2,700 within just three months
Under Section 10 of Foreign Exchange Management Act (FEMA), the RBI has the power to regulate foreign exchange transactions and authorise specific financial institutions to act as intermediaries
In exchange, the investors will transfer their claims against defaulters and third parties to 63 Moons. The forum also revealed that the majority of investors approved the deal
Analyst at Elara Capital believe defense companies in India stand to benefit as the EU defence OEM turn to public and private defence firms to procure components and subsystems.
The northward move in the K&R Rail Engineering shares came after the company announced it has inked a memorandum of understanding (MoU) of up to Rs 5,000 crore, with Indian port Rail and Ropeway Corp