Wockhardt hopes to complete Phase III trials for Zaynich by Q1 of 2025
So far it has supplied the compound to 30 patients for compassionate use with range of life-threatening infections
Business News: Goldman Sachs ups India 2024 GDP forecast | Glenmark Pharma hits 52-week high
At close on May 27, the Sensex was down 19.89 points at 75,390.50, and the Nifty was down 24.65 points at 22,932.45.Proxy advisory firm Institutional Investor Advisory Services (IiAS) has advised investors to vote against ITC's proposed scheme of arrangement for the demerger of hotels business into ITC Hotels and much more. Watch to know.
LIVE: Sensex, Nifty Erase All Gains, Trade Flat; Oil & Gas, Power Drag | Closing Bell
Indian equity indices ended on a flat note in the volatile session after hitting record highs in the early part of the session. Top gainers on the Nifty included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers were Adani Enterprises, Wipro, Grasim Industries, ONGC, and SBI Life Insurance. On the sectoral front, bank, realty and Information Technology indices gained 0.5 percent each, while oil & gas, power and media were down 0.5-1 percent. The BSE midcap index was up 0.6 percent while the smallcap index ended flat. Watch the video for more details
Morning Scan: All the big stories to get you started for the day
Every morning, we bring you a curated collection of key news stories from leading newspapers, ensuring you're informed and ahead of the curve. Stay updated with the most important developments across various sectors with our comprehensive morning roundup.
Business News: Nifty scales 23,000 mark in 88 sessions; Hindalco net profit rises 31%
Hindalco Industries reported a 31.6 percent year-on-year rise in consolidated net profit at Rs 3,174 crore for the March quarter from Rs 2,411 crore a year ago, helped by robust sales and low input costs across business segments. Market fails to hold record highs as it hit intra-day with Nifty ending below 23,000. Nifty hit intra-day record high of 23,026. Watch to know more.
LIVE: Flat trade on D-Street | HDFC Bank & Vi outperform | Closing Bell
Equity benchmark indices displayed volatility in Friday's trading session, as benchmark indices traded near record high levels, while global markets were jittery on account of fears of a delay in the interest rate cuts in the US. The S&P BSE Sensex opened in red at 75,335, and soon dipped to a low of 75,244. The BSE index, thereafter, recovered and bounced back into the positive zone to touch a high of 75,582. Catch Yatin Mota in conversation with Kush Bohra ,Founder, kushbohra.com as they discuss stocks on their radar including telecom sector.
LIVE: Sensex skyrockets 1,200 points to fresh high; Nifty hits 22,900; Private banks shine | Closing Bell
Nifty and Sensex, key stock market indices in India, traded on a firm note, led by gains in index heavyweights. Banks were the best sectoral performers in today's trade. Catch Yatin Mota as he discusses stocks on his radar including Vedanta
LIVE: Markets trade volatile; Nifty above 22,550, Sensex near 74,100 | Closing Bell
Equity markets, which started flat-to-positive on Wednesday, gave up early gains weighed by metal, financial, and auto stocks.The S&P BSE Sensex was hovering around the flat line at 73,980 levels. The Nifty50, on the other hand, tested 22,500 level. Ultratech Cement, Coal India, SBI, LTIMindtree, DR Reddy's Labs, ONGC, HUL, and NTPC were the top gainers on the Nifty50 index, gaining up to 1.6 per cent. On the downside, Sun Pharma, JSW Steel, Hero Moto, Maruti Suzuki, IndusInd Bank, and Power Grid were capping the upside. In the broader markets, the BSE MidCap, and SmallCap indices traded 0.36 per cent and 0.58 per cent higher, respectively.
Wockhardt planning new funding round
The company had completed a QIP of Rs 480 crore in March 2024.The company board plans to make a decision on the fundraise at a meeting on May 28.
Yale Students Wear Red Gloves, Keffiyehs as Part of Pro-Palestine Protest During Graduation Ceremony
Hundreds of students walked out of Yale University's graduation ceremony as part of a pro-Palestine protest at the university's commencement ceremony. Protests over Israel's war in Gaza have broken out at more than 60 colleges and universities this year. President Joe Biden has been cautious on the issue of protests over Gaza
LIVE: Sensex, Nifty trade flat amid volatility; Metal, PSU banks shine | Closing Bell
Indian benchmark indices ended mixed in the volatile session. Top Nifty losers were Nestle, Hero MotoCorp, ICICI Bank, IndusInd Bank and Maruti Suzuki, while gainers included Hindalco Industries, Coal India, JSW Steel, Tata Steel and Adani Ports. Among sectors, metal index up 4 percent, power index up 2 percent, PSU Bank index up 1.5 percent, while FMCG down 0.4 percent. The BSE midcap index up 0.4 percent while smallcap index down 0.2 percent. Watch here for more details
Weekly Highlights | Politics, business, sports & entertainment | News roundup May 13-May 18
Stay updated on the major news events of the week, from Lok Sabha elections phase 5 to Arvind Kejriwal's bail and Amit Shah's remark. Explore global events like Cannes Film Festival 2024. Your comprehensive source for this week's top headlines.
Live: Session on building trust with Azim Premji, Founder Chairman, Wipro | CII Business Summit
Session on Building Trust with Azim Premji, Founder Chairman, Wipro Limited
Live: Uday Kotak, KV Kamath on Financing Future growth at CII Business Summit 2024
Uday Kotak and KV Kamath On Financing Future Growth At CII Business Summit 2024.
Shocking Moments When Slovak PM Robert Fico Was Shot | PM No Longer in a Life-Threatening Condition
Slovak Prime Minister Robert Fico suffered life-threatening injuries on Wednesday when he was shot and wounded in an attempted assassination that stunned his small Central European nation and drew a chorus of international condemnation.
Lupin firms up board with industry titans Jeffrey Kindler and Alfonso Zulueta
Kindler is an alumnus of Tufts University and Harvard Law School. Zulueta holds degrees in Economics from De La Salle University and an MBA from the University of Virginia.
Live: Nifty takes a sharp u-turn after hitting new high; Coforge, Coal India in focus| Closing Bell
Sensex sheds over 700 points to slip below 74,000. Broader markets in red but outperform benchmarks. All sectoral indices in the red led by banks, IT & autos. India VIX jumps 8%; NSE advance-decline ratio at 1:2. Catch Santosh Nair and Nandita Khemka as they discuss stocks on their radar including Coforge and Coal India
Morning Scan: All the big stories to get you started for the day
A round-up of top newspaper stories to keep you ahead of others.
Live: Nifty trades in a range as VIX rises| Kotak Bank, Godrej Firms in focus| Closing Bell
Nifty rangebound; fails to hold on to 22,700. Mid & smallcaps move in tandem with benchmarks
India VIX extends upmove; up another 5% . Autos, metals & pharma among top sectoral gainers . Nifty Bank erases gains; PSU banks, realty among losers . Nifty gainers: BPCL, Power Grid, Asian Paints, Bajaj Auto, Tata Motors. Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar including REC and Kotak Bank
Live: Nifty to chart new highs? | Fed maintains status quo | Opening Bell
The Nifty index looks subtle, hovering above its 20 DEMA. Traders are advised to maintain a positive stance and view dips as potential buying opportunities. On the global front, The US Federal Reserve maintained interest rates steady at 5.25-5.5% and signaled it is still leaning towards eventual reductions in borrowing cost.
How Are Bond Prices Arrived At? | Difference Between Listed Value & Theoretical Value
In Episode 5 of Bonds Simplified we try to understand how bonds get their prices and what factors influence their pricing. Bond pricing is an important aspect of investing in bonds. So what’s the difference between theoretical value and listed value of a bond and the different prices in the primary and secondary market. Watch this video to find the answers
Live: Nifty to make new record highs? | Earnings watch: IOC, Exide Ind | Opening Bell
All eyes are now on Fed FOMC meet kicks off on April 30. Global handover seems positive however, the gift nifty is siggesting a rather flat start for Indian equities. Can Nifty hit fresh record highs this week? Investors will also be looking out for stocks that will be reporting their earnings like IOC, REC, Havells and Exide Industries and reacting to earnings of Ultratech cement, UCO bank and others. Moneycontrol's Stacy Pereira speaks with Ajit Mishra--SVP, Technical Research, Religare Broking and Market Expert Prakash Diwan on Opening Bell
Will improve EBITDA margin in FY25: Laurus Labs
The company also expects an improvement in its net debt leverage and working capital in FY25.
Live: Strong gains on expiry day; PSU banks on a high; Kotak Bank sinks on RBI curbs| Closing Bell
-Nifty, Sensex stage a smart rebound despite expiry day volatility . Nifty reclaims 22,600; Sensex recovers over 700 points from day's low. Broader markets extend gains .India VIX surges over 8%; breadth evenly balanced at 1:1
Nifty PSU bank index hits all-time high; SBI at record high. Sees biggest intra-day fall since March 23, 2020. Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar including Kotak Mahindra Bank and Bharat Forge
