The Benchmark Indices of India, the Nifty and Sensex, broke an eight-day losing series, powered by profits in private banks, car and in stock. The Nifty rose 225.20 points, or 0.92%, to close to 24,836.30, while the Sesex 715.69 points or 0.89%added, which settled at 80,983.31. Indian stock markets remain closed today for Dussehra and […]
Pharma shares shake below the 100% tariff shock of Trump and the graphs do not offer much lighting. Anand James van Geojit Investments warns Laurus Labs has indicated a topping pattern, while Wockhardt is stuck in turbulent consolidation. Both counters could see wider trade ranges and more pain in front of the bow. Edited fragments […]
Shares of a few large drug makers went beyond wider indexes on Friday when Wall Street started to select President Donald Trump’s last rate announcement. Shares of Merck, Lilly and J&J all rose less than 1% in the afternoon trade on Friday, slightly higher than the S&P 500 index. The president said at the end […]
Pharmaceutical shares can come under pressure on Thursday after the announcement of US President Donald Trump that would be imposed up to 100% rate at the import of brand and patented pharmaceutical products from 1 October. “From October 1, 2025 we will impose a rate of a 100% rate on the truth in America. The […]
The Indian market ended lower on Friday, with the SENSEX and Nifty breaking a three -day winning series that was stimulated by the hope of interest rates of the US Federal Reserve and progress in trade discussions between New Delhi and Washington. The S&P BSE SENSEX fell 387.73 points, or 0.47%, to close to 82,626.23, […]
Shares of CoHance Lifesciences rose by 5.5% to RS 935 in Intraday trade after Jefferies had initiated cover with a ‘buy’ rating and a target price of RS 1.150. The global brokerage expressed a bullish look at selected Indian pharmaceutical and CRDMO companies, which assign ‘buy’ assessments to CoHance Lifesciences, Divi’s Laboratories and Sai Life […]
The Indian market ended marginal higher on Thursday, with early losses when buying picked up in the last hour of trade on the weekly expiry date of Nifty derivatives. Sentiment recovered after brokers said that the impact of the abrupt step of US President Donald Trump to double rates on Indian export would be limited, […]