The Indian market closed sharply lower on Tuesday after a late morning sell-off dragged benchmark indices to their lowest levels in more than two months. At the end of the session, the BSE Sensex fell 1,065.7 points or 1.28% to close at 82,180.47, while the NSE Nifty 50 fell 353 points or 1.38% to 25,232.50. […]
India’s benchmark Nifty 50 could rise to 29,500 by end-2026, which BNP Paribas said would deliver returns in the mid-teens, largely driven by earnings growth. The brokerage urges investors to focus on large, domestically oriented stocks such as HDFC Bank, ICICI Bank, Maruti Suzuki, Mahindra & Mahindra, Reliance Industries and Bharti Airtel, as policy support, […]
Cement prices ended the December quarter on a softer footing compared to the previous quarter, but strong underlying demand and rising volumes continue to provide structural support to the sector, said Jyoti Gupta of Nirmal Bang Institutional. Channel checks indicate that while near-term realizations remain volatile due to capacity additions and cost pressures, the medium-term […]
Tata Steel has injected £ 4,054.66 crore into t Steel Holdings (TSHP) by subscribing shares of 457.7 crore shares. Each share has a nominal value of $ 0.1005. The fresh buy has increased the total investment of Tata Steel in TSHP for 2025 to $ 460 million. New India Assurance has informed the stock markets […]
Alembic Pharmaceuticals has received the final approval of the US Food & Drug Administration (USFDA) for the short new medicine application (Anda) Tretinoin cream USP, 0.025%. The approved Anda is therapeutic equivalent to the reference-making drug product (RLD), Retin-a cream, 0.025%, from Bausch Health US, LLC. Tretinoin cream is indicated for current application in the […]