News Overview

The benchmark indices were almost flat in afternoon trade. The Nifty was hovering above 18,050 mark. FMCG and consumer durables stocks were in demand. On the other hand, banks and financial shares corrected after a stellar rally in the previous session. At 13:40 IST, the barometer index, S&P BSE Sensex fell 11.55 points or 0.02% at 60,600.19. The Nifty 50 index shed 22.75 points or […]

Dr Reddys Laboratories announced the launch of Methylprednisolone Sodium Succinate for Injection, USP, the generic equivalent of SOLU-MEDROL? (methylprednisolone sodium succinate for injection, USP) in the U.S. Market approved by the U.S. Food and Drug Administration (USFDA). The SOLU-MEDROL? brand and generic had U.S. sales of approximately $144 million MAT for the most recent twelve months ending in February 2022 according to IQVIA Health. Dr. […]

Issues four observations

MCX Copper futures are currently trading at Rs 828.75 per kg, up 1% on the day. The daily and hourly charts are showing a resistance coming in the play around upper Bollinger Bands. Similar formation is emerging on the for hourly charts too. However, the sheer force of the rally following the break above 20 day SMA and good pick up in volumes on hourly […]

The rating agency has assigned ‘AAA(Stable)’ rating to the company’s Fund Based instruments.

The company is also very comfortable with orders for FY2022-23.

COMEX Copper futures soared today with good buying emerging in the metal on worries over further sanctions over Russia. The United States and Europe were planning new sanctions to punish Moscow over alleged atrocities in Ukraine, with US President Joe Biden on Monday accusing Russian President Vladimir Putin of war crimes over civilian killings in the Ukrainian town of Bucha. This triggered good support for […]

COMEX Copper futures soared today with good buying emerging in the metal on worries over further sanctions over Russia. The United States and Europe were planning new sanctions to punish Moscow over alleged atrocities in Ukraine, with US President Joe Biden on Monday accusing Russian President Vladimir Putin of war crimes over civilian killings in the Ukrainian town of Bucha. This triggered good support for […]

Here is the stock market performance at 1:30 PM today.

The revenue amount stated is provisional and not yet audited.