The markets ended in green zone after a volatile session on Monday. The Nifty closed flat at 19,674 while the Sensex finished Monday’s session at 66,023, up merely 14 points. Sectors such as realty, banking and consumer durables performed well while IT and Pharma counters struggled. The market breadth is poised evenly with the Nifty […]
Day: September 2, 2023
Marico: Jefferies recommends Buy, price target at Rs 660 with 15% upsideMarico: Jefferies recommends Buy, price target at Rs 660 with 15% upside
Jefferies sees a 15% upside potential in Marico stock and has assigned a ‘Buy’ rating to the scrip, stating that the company’s outlook for the second half looks positive. “Commentary remains optimistic, with management. expecting an improving trend in 2H, led by volume pickup and continued momentum in international business. It has also reiterated its […]
India vs Australia Test Match: ‘Virat’ score after three years of century drought! King Kohli returns | See PhotosIndia vs Australia Test Match: ‘Virat’ score after three years of century drought! King Kohli returns | See Photos
1/7 A long wait of 1205 days to reach a three-figure runs ended as batting maestro Virat Kohli got the monkey off his back by scoring swashbuckling 28th Test century in the fourth Test of Border-Gavaskar Trophy against Australia. (Photo:PTI) 2/7 This is Kohli’s 50th Test on the soil of his country, which was celebrated with a scintillating century. (Photo:PTI) […]
Gold Price Today, 17 August: MCX gold falls 0.36%; support at Rs 58370-58210, resistance at Rs 59010-59210Gold Price Today, 17 August: MCX gold falls 0.36%; support at Rs 58370-58210, resistance at Rs 59010-59210
Gold Price Today, Gold Price Outlook, Gold Price Forecast: MCX Gold prices tumbled on Thursday, while silver rates fell 0.26%. On the Multi Commodity Exchange, gold October futures were trading at Rs 58,468 per 10 grams, down by Rs 213 or 0.36%. Silver September futures were trading down by Rs 180 at Rs 69,542 per […]
India’s forex reserves jump above $600 billion; Spot USDINR to hover between Rs 82.30 and Rs 81.70India’s forex reserves jump above $600 billion; Spot USDINR to hover between Rs 82.30 and Rs 81.70
By Dilip Parmar The Indian rupee appreciated for the second week in a row following dollar inflows. Local units remained the second best-performing currency among Asian baskets. In the week preceding, foreign institutions bought $1.2bn equities and $184mn debts while the rupee gained a quarter percent to 81.96 a dollar. Outlook: This week will be […]
Rating: neutral; Glenmark: Licensing deal may boost the stockRating: neutral; Glenmark: Licensing deal may boost the stock
LAST WEEK, Glenmark announced that its subsidiary, Ichnos Sciences, had entered a licensing agreement for the OX-40 antagonist, Telazorlimab (ISB 830), with Astria Therapeutics. Astria will take over the product’s development and hold global rights, aiming to create a next-generation Telazorlimab with 10x higher potency. In return, Ichnos expects to receive $320 million in upfront […]