News Overview

This week, start-ups raised $243 Million led by Avanse, ShareChat, Aye Finance, Bluestone, KreditBee, Bambrew.

The flexi-cap fund offers a good way to diversify your equity fund across sectors and size.

Kumho Petrochemicals commentary on weakness to persist in phenol, will keep spreads under check for Deepak Nitrite. Insights from Olin, Hanwha suggest weakness to prevail in caustic and PVC; which will hamper Chemplast Sanmar’s earnings.

By close, the Sensex surged by 655.04 points or 0.90%, reaching 73,651.35, while the Nifty rose by 203.20 points or 0.92%, settling at 22,326.90. Among the listed stocks, 1912 registered gains, 1784 saw declines, while 103 remained unchanged.

Barbeque took ~2% price hike in some of the SKUs, since analysts of IIFL Capital Services previous survey. In the buffet section, prices have been similar vs their last survey.

Shashank Srivastava, the current head of the company's marketing and sales division, will join the executive committee on April 1.

The application for Liraglutide was filed by Biocon through its European partner, Zentiva.

Brillare Science Pvt Ltd is engaged in professional beauty care products, offering a range of skin, hair, and body care items. Its brands, Brillare and Root Deep, are popular among consumers and salon professionals.

Unlike volume share, revenue share is much lower. This is because BSE is still charging much lower (Rs50 per mn of premium turnover) than the market leader; only in November’23, BSE increased tariff on its current week Sensex-30 contract — still ~30% lower than the competition.

The business would work together with the USFDA to resolve the concerns, it announced.