Shares of Jio Financial Services, the demerged financial services arm of Reliance Industries, listed flat on the domestic exchanges at Rs 265 apiece on Monday. However, the share price jumped 6.2% to touch Rs 278.20 apiece before paring all gains to trade 4.5% in the red at Rs Rs 248.90. Ahead of the listing, during […]
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Signature Global, Sai Silks to debut on bourses; expert shares mixed viewsSignature Global, Sai Silks to debut on bourses; expert shares mixed views
Domestic stock exchanges are set to witness the debut of Signature Global and Sai Silks today. As the companies prepare to establish their presence on the bourses, here is a quick look at the IPO details along with the views of Shivani Nyati, Head of Wealth at Swastika Investmart. Signature Global IPO Signature Global IPO […]
Nifty Outlook: Support placed at 19,300; Aarti Drugs, Welspun among stocks to buyNifty Outlook: Support placed at 19,300; Aarti Drugs, Welspun among stocks to buy
By Nagaraj Shetti After showing a sustainable up move with volatility on Tuesday, Nifty continued with choppymovement on Wednesday and slipped into decline by 55 points. Nifty opened with a positivenote, and started to show weakness from the day’s high in the early part of the session. Minor intraday upside recoveries in between have been […]
Oil prices fall as Russia, Saudi Arabia expected to boost supplyOil prices fall as Russia, Saudi Arabia expected to boost supply
Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi Arabia outweighed forecasts of positive demand from China during its Golden Week holiday. Brent November futures which expire on Friday were down 21 cents to $95.17 per barrel. Brent December futures lost […]
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 […]
Global Markets: Stocks pick up, oil steadies in cautious marketsGlobal Markets: Stocks pick up, oil steadies in cautious markets
Markets showed signs of a slight recovery in sentiment on Monday, as European stock indexes edged up and oil prices steadied, but traders were still cautiously watching for any signs of escalation in the Israel-Hamas war. Israel’s Prime Minister Benjamin Netanyahu vowed on Sunday to “demolish Hamas” as his troops prepared to move into the […]
IPL 2023: Showman Shubman Gill steals MI’s ‘Hitman’ glee, bats for Titans to cross swords with Kings | See PhotosIPL 2023: Showman Shubman Gill steals MI’s ‘Hitman’ glee, bats for Titans to cross swords with Kings | See Photos
1/8 Gujrat Titans’ Shubman Gill plays a shot during the Indian Premier League qualifier cricket match between Gujarat Titans and Mumbai Indians in Ahmedabad on Friday. (Photo: AP) 2/8 Gujrat Titans’ Shubman Gill celebrates his fifty runs during the Indian Premier League qualifier cricket match between Gujarat Titans and Mumbai Indians in Ahmedabad on Friday. […]
Dollar gains on US Fed rate hike, might weaken this week on cooling inflation; USDINR moves to Rs 81.80 levelsDollar gains on US Fed rate hike, might weaken this week on cooling inflation; USDINR moves to Rs 81.80 levels
By Raj Deepak Singh Rupee depreciated towards the end of the week after better-than-expected US economic numbers boosted the Dollar. Also, weakness in the Euro prompted the dollar to mark its best gain in this month. The US advance GDP numbers surprised the market with a gain of 2.4% QoQ against forecast of 1.8%. Additionally, […]
Alembic Pharmaceuticals gets 8 USFDA approvals in Q3FY24Alembic Pharmaceuticals gets 8 USFDA approvals in Q3FY24
Alembic Pharmaceuticals Limited on Tuesday announced that it has received US Food & Drug Administration (USFDA) approvals on eight of its Abbreviated New Drug Application (ANDA) in Q3FY24. The Company has received five final approvals that includes Selexipag Tablets, 200 mcg, 400 mcg, 600 mcg, 800 mcg, 1,400 mcg and 1,600 mcg, Dapsone gel, 7.5%, […]
Good news for India’s aviation industry! Bengaluru, Kolkata, and Hyderabad Airports shine globally in operational efficiency; Indigo claims THIS spotGood news for India’s aviation industry! Bengaluru, Kolkata, and Hyderabad Airports shine globally in operational efficiency; Indigo claims THIS spot
Hyderabad’s Rajiv Gandhi International Airport and Bengaluru’s Kempegowda International Airport have snagged the second and third spots among the world’s top ten global airports in terms of operational performance and punctuality. The rankings have been released in the 2023 On-Time Performance (OTP) Review by aviation analytics firm Cirium. The findings, released on Tuesday, highlight the […]