Wegovy maker Novo Nordisk said on Wednesday that it will sharpen its commercial focus and lower the costs, after a large profit warning and new CEO announcement last week wiped around $ 95 billion in value of the shares of the company. The Danish drugstore, which became a high growth of the most valuable company […]
Shares of NCC LTD Reden by 4.6% Intraday on Wednesday to reach a highlight of RS 220.80 at the BSE, even when the company reported a year-on-year (yo-yo) decrease in both profit (pat) and income for the first quarter of FY26. For the quarter ending on June 2025, NCC placed a Pat of RS 192 […]
Pankaj MuraarkaCIO, Renaissance Investment Managersbelieves that the stock market of India is overvalued, especially the top 20%, including defense and electronic production sectors. After a rewarding bullmarkt, they left Defense expenses due to the untenable high profit growth expectations priced in these shares. The company wants to reduce the valuation risk in its portfolio in […]
Gold prices extended the profit for a fifth consecutive session on Wednesday, helped by the prospects at lower American interest rates, while investors looked forward to the decision of President Donald Trump about the appointments of the Federal Reserve. Fundamentals * Spot gold rose by 0.1% to $ 3,383.67 per ounce from 0036 GMT, after […]
Nifty finished lower on Tuesday when the investor sentiment weakened after new tariff threats from US President Trump on the continuous import of Russian oil by India. Analysts expect that the market will remain in the reach, with the focus on the monetary policy decision of RBI (owed on Wednesday), where a status quo is […]
Mumbai: the appetite of the retail trade to borrow to bet on shares, does not remain off in the market despite the recent haze. Money borrowed from brokers Marge Trade Financing (MTF) Facility-A system with which investors can borrow to buy shares that they cannot afford to a record high in August, which emphasizes the […]
Markten Watchdog Sebi has issued new guidelines for market infrastructure (MIIS) trade fairs, cleaning up companies and deposits for processing requests to revise fines with regard to regulatory actions with regard to regulatory actions on Tuesday. According to the new guidelines, if the action has been taken by the internal committee (IC) or based on […]
Fair Trade Regulator Competition Commission has erased the proposal of its own Private Equity Major Chryscapital on Tuesday to acquire a majority interest in the Mumbai -based bakery chain Theobroma. Chryscapital acquires the importance in Theobroma through its affiliated companies, Infinity Partners, Aqua Investments LTD and Atreids Investments BV. “The proposed combination relates to the […]
The Indian market ended on Tuesday in the ROD, when the sentiment of the investors weakened in the midst of renewed tariff threats by US President Donald Trump on the continuous import of Russian oil of India, while ongoing foreign portfolio outs were left on market confidence. The BSE SENSEX fell 308.47 points, or 0.38%, […]
Pharmaceutical company Medistep Healthcare has been set to increase slightly more than RS 16 Crore through its initial public offer (IPO), which will open for subscription on 8 August. The first public issue of the company will be closed on 12 August. The shares are planned to be mentioned on the NSE SME platform on […]