Stock exchange LIVE: MidCap index overtakes competitors; Trent rises 11%, Lodha 6%, SAIL loses 5% | Market news
14:09
Kolte-Patil Developers hits 52-week low after weak Q1 show; shares fall 4%
Shares of real estate developer Kolte-Patil Developers fell as much as 4.01 percent to hit a new 52-week low of Rs 357 per share on Friday, August 9, 2024. READ MORE
12:58 pm
Unicommerce eSolutions IPO Allocation: See Status, GMP, Probable List Price
Unicommerce eSolutions shares are scheduled to be allotted today. Once the allotment is complete, investors can check the allotment status on the official website of BSE or on Link Intime India, the registrar of the issue. Alternatively, you can follow these links to check the allotment status directly: READ MORE
12:47 pm
NBCC boosts revenue by 12% with Rs 15,000 crore contract for satellite settlement
NBCC has been awarded a contract by the Srinagar Development Authority to develop a 406-acre satellite township at Rakh-e-Gund Akshah, Bemina, Srinagar in Jammu and Kashmir, the company said in a stock exchange filing. READ MORE
12:42 pm
ALARM :: Granules India announces ANDA approval for Trazodone tablets
>> Granules India Limited announced that the United States Food & Drug Administration (USFDA) has approved its Abbreviated New Drug Application (ANDA) for Trazodone Hydrochloride Tablets USP, 50 mg, 100 mg, 150 mg and 300 mg.
>> Trazodone tablets are indicated for the treatment of major depressive disorder in adults.
>> The current US market for trazodone tablets is approximately $128 million annually, according to MAT (June 2024, IQVIA/IMS Health).
12:34 pm
India’s oil price rises 7%, hits record high after Q1 results; ONGC rises 4%
However, earnings before interest, taxes, depreciation and amortization (EBITDA) at Rs 2,540 crore were broadly in line with analyst estimates as lower crude oil sales volumes and revenues were offset by higher gas sales volumes and revenues. READ MORE
12:22 pm
Amfi July 2024 Data Update :: Monthly SIP at Rs 23,332 Crore vs Rs 21,262 Crore MoM
>> Total MF AUM at Rs 64.7 trillion vs Rs 61.2 trillion MoM
>> Equity under management is Rp 28.5 trillion compared to Rp 27.7 trillion MoM
12:19 pm
Is the worst over for the stock markets? That’s what analysts think
However, analysts at Jefferies and Julius Baer believe that the recent correction in equity markets is due to technical factors and capital flows rather than fundamental reasons and that the worst may not yet be over. READ MORE
12:15 p.m.
ALARM :: Zydus receives final approval from USFDA for Valbenazine capsules; stock hits 52-week high
>> Zydus Lifesciences Limited has received final approval from the United States Food and Drug Administration (USFDA) to market Valbenazine capsules in 40 mg, 60 mg and 80 mg doses.
>> Valbenazine capsules are indicated for the treatment of adults with tardive dyskinesia (uncontrollable movement of the face, tongue or other parts of the body).
>> Valbenazine capsules generated annual sales of $1,993.6 million in the United States (IQVIA MAT June 2024).
12:07 pm
Nifty IT rises 2% on positive US jobs data and recovery in global markets
Mphasis led with a rise of 4.06 percent, followed by LTTS (3.39 percent), Tech Mahindra (2.91 percent), Persistent (2.82 percent), HCLTech (2.76 percent), LTIMindtree (2.71 percent), Coforge (2.55 percent), Infosys (2.15 percent), TCS (1.94 percent) and Wipro (1.87 percent). READ MORE
