Shares of Alembic Pharmaceuticals Ltd. rose from the day’s lows on Friday, June 5, after the drugmaker received final approval from the US Food and Drug Administration (USFDA) for its generic version of Haloperidol Tablets. In an exchange filing, the company said it has received USFDA approval for Haloperidol Tablets USP in strengths of 1…
Shares of Bharat Heavy Electricals Ltd. (BHEL) jumped nearly 3% on Friday, June 5, after the state-run engineering and power equipment manufacturer secured a major thermal power project order worth over ₹21,000 crore from Meja Urja Nigam Pvt. Ltd. (MUNPL). The stock has come off those highs since then. In an exchange filing, BHEL said…
Shares of Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, and Go Digit General Insurance were trading higher on Friday, June 5, following a series of block deals involving institutional investors. Groww Billionbrains Garage Ventures gained after Goldman Sachs Bank Europe SE picked up shares worth over ₹210 crore through an open market…
India’s broader equity market is likely to continue outperforming the benchmark indices for the rest of the year, according to Gautam Shah, Founder of Goldilocks Global Research, who believes small-caps, micro-caps, PSUs, real estate, pharma and chemicals remain the key themes for investors. Shah said the Nifty is likely to remain range-bound between 23,150 and…
Coal India Ltd. announced a series of measures aimed at increasing coal availability for non-regulated sector (NRS) consumers, reducing import dependence and providing greater operational flexibility to industrial users. In a statement on Friday, June 5, the state-run miner said it is offering an all-time high of 35 million tonne (MT) of coal under the…
The National Stock Exchange of India Ltd on Friday (June 5) said the number of unique trading accounts, or client codes (UCCs), on the exchange crossed the 26-crore mark in June 2026. The exchange said the latest one crore accounts were added in less than four months, while more than 4.3 crore investor accounts, or…
A mix of higher interest-rate fears, elevated oil prices, geopolitical tensions and profit-booking after a strong rally is weighing on global markets. Source link
The US labour market is back on its feet, strong employment data showed Friday, stoking concerns of another inflation sting and bolstering arguments from some Federal Reserve officials that they may need to raise interest rates later this year. For newly installed Fed Chairman Kevin Warsh, the changing outlook is an early test of his…
Mahindra and Mahindra Ltd.‘s strong growth outlook is intact and its shares can rise over 50%, as per brokerage firm Nomura. The brokerage has a “buy” rating on the M&M stock with a price target of ₹4,580 per share, an upside of 52% from its previous closing price. Nomura said the company’s capacity and model…
Gold fell the most in more than two months as robust US jobs data fueled bets that the Federal Reserve will likely raise interest rates this year, a headwind for the precious metal. Bullion declined as much as 3.4% as bond yields and the dollar climbed after the latest US data showed job growth topped…
