Glenmark Pharma up on plans to out-license molecule for pain management The molecule, GRC 17536, is expected to have a market potential worth $ 1 billion.
Author: SGX Nifty
Indian shares are likely to open on a flat to positive note as the global cues look mixed. SGX Nifty is trading 27.00 points higher. Headlines for the day: Lupin eyes acquisitions in US, Europe KFA’s 2-year term to renew its flying permit expires on Dec 31 Sumitomo Mitsui may take Read More
Most Indian stocks fell, led by consumer companies, putting the benchmark index on course for a weekly loss for a third time this month. Hindustan Unilever Ltd. (HUVR) dropped to a seven-week low, while cigarette maker ITC Ltd. (ITC) slid for a second day. Sesa Sterlite Ltd., the nation’s largest copper producer, retreated the most Read More
Indian shares are likely to open on a flat to positive note as the global cues look mixed. SGX Nifty is trading 10.50 points higher. Headlines for the day: MTNL launches app for registering complaint, bill payment Sumitomo Mitsui to take $ 58.4 mn stake in Reliance Capital JPMorgan fund in Read More
Indian shares are likely to open on a flat note as the global cues look mixed. SGX Nifty is trading 1.00 point lower. Headlines for the day: Cipla gets Rs1,100 cr South African order for HIV drugs Tata Realty to buy majority stake in Madhucon’s Agra-Jaipur road project Exide Industries: Lower Read More
Indian stock-index futures rose before the expiry of futures contracts today. SGX CNX Nifty Index (NIFTY) futures for December delivery added 0.1 percent to 8,275 at 9:39 a.m. in Singapore. The most-active January contract also climbed 0.1 percent, to 8,347. The underlying CNX Nifty Index fell 0.7 percent to 8,267 yesterday, the first decline in Read More
Indian Indices: The key domestic benchmarks may open tad higher today tracking a mixed trend in fellow Asian stocks as investors chose to stay on the sidelines ahead of key US economic data today including Q3 GDP numbers, goods and orders and housing data which may offer fresh cues over the health of the Read More
Most Indian stocks advanced, led by energy companies, amid an increase in crude-oil prices. NTPC Ltd. (NTPC), the nation’s biggest power producer, climbed to a two-week high, while Gail India Ltd. (GAIL), a natural-gas supplier, rallied for a fourth day. Coal India Ltd. (COAL), the world’s biggest miner of the fuel, rallied to a five-month Read More
Indian Indices: The key domestic benchmarks are likely to open higher today tracking a firm trend in markets across Asia and a bullish closing at Wall Street on Friday. SGX Nifty is trading 37.00 points higher. Sensex and Nifty rose for a 2nd-consecutive day on Friday, led by gains in IT stocks after Read More
Indian stocks rose, sending the benchmark equity index toward its first weekly gain in three weeks, amid a rally in global equities and expectations for faster economic growth. Mahindra & Mahindra Ltd. (MM), the largest maker of sport-utility vehicles and tractors, climbed the most in two weeks. Reliance Industries Ltd. (RIL), owner of the world’s Read More