Search Results for: pharma stocks

Markets likely to remain under pressure as US bond yields at 16 year highs

Markets are likely to remain under pressure amid a sharp surge seen in U.S. 10-year treasury yields to 16-year highs of 4.5 per cent, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Service.

Sep 26, 2023

Sensex falls below 66K mark

BSE Sensex has fallen below the 66,000 mark on Monday as FIIs continue to press sales.

Sep 25, 2023

India is the most expensive stock market in the world

Even after the recent correction, Nifty is trading around 20 times FY 24 earnings, making India the most expensive market in the world, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Sep 23, 2023

Sensex down by 625 points due to multiple headwinds in opening session

There are too many challenges for the market in the near-term. Brent crude at $94, the dollar index above 105, the two-year US bond yield at 5.09 per cent and the INR at record lows against the dollar are strong headwinds, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Sep 20, 2023

US stocks slump on China's economic recovery, could have ripple effect worldwide

As US stocks slumped, the tech-heavy Nasdaq Composite lost 0.3 per cent and the Dow Jones Industrial Average slumped by 0.2 per cent on the back of a report that China's economy is recovering.

Sep 16, 2023

"Fascinating": Dutch PM in awe of UPI, pays for "chai" digitally [details]

Dutch PM Mark Rutte was fascinated by how seamlessly UPI worked as he paid for tea in a local cafe using the digital payment system.

Sep 12, 2023

Like Silicon Valley, Bengaluru embraced every new wave: Shivakumar

Karnataka Chief Minister D.K. Shivakumar on Monday said that the Bengaluru, like the Silicon Valley, has been able to embrace every new wave.

Sep 12, 2023

Stock Market: Best chance during week for new indices

Markets were in a very aggressive mood last week and gained on all five trading sessions. Something like this has not happened in a long time and they now seem set to make a new lifetime high and cross Mount 20K on NIFTY.

Sep 11, 2023

Buoyant sentiments may lift Nifty towards 20K mark over next few days

Nifty has been gaining strength and is inching closer towards its life high of 19,992, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

Sep 10, 2023

Sensex, Nifty just shy of record highs ahead of G 20 summit

Benchmark Indices ended the week on Friday just a few percentage away from record highs ahead of the G20 Summit buoyed by good support from the Bank Nifty on positive newsflow from the RBI as well as the PSU & Infrastructure stocks, says S Ranganathan, Head of Research at LKP Securities.

Sep 8, 2023

Over-packaging by e-commerce giants no more; Flipkart shows the eco-friendly way

Walmart paid $3.5 bn to buy Flipkart shares from Binny Bansal, Tiger Global & others

Retail giant Walmart has paid around $3.5 billion to acquire shares in e-commerce major Flipkart from non-controlling stakeholders, including co-founder Binny Bansal and top investment firms Tiger Global and Accel, among others.

Sep 2, 2023

Nifty closes lower with a loss of 2% for the month of August [details]

Domestic equities saw profit booking on the last day of the month ahead of GDP data and monthly FNO expiry. Overall, for the month of August Nifty closed lower with a loss of 2 per cent, said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

Aug 31, 2023

Sensex up more than 100 points in morning trade

BSE Sensex is up 101 points in trade at 65,097 points in Tuesday morning trade.

Aug 29, 2023

Nifty's breach below the 19,250 - 19,270 zone can trigger further slide: Expert

A decisive breach below the 19,250 - 19,270 zone shall weaken the overall bias and can trigger for further slide with next major support zone visible near 18,800 - 18,900 levels with 19,000 as the psychological landmark in-between, says Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher.

Aug 25, 2023

Prescription Rules: Regulations mandating doctors to prescribe generic drugs put on hold

The newly-notified Registered Medical Practitioner (Professional Conduct) Regulations, 2023, by the National Medical Commission (NMC), has been held in abeyance by the Union government.