More than 60 companies are declaring their results for quarter ended March later today.
Market Update: The market consolidates, trading mildly higher as all sectoral indices are in the green barring metals.
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The Nifty50 is hovering around 10,750 levels while the Nifty Midcap index is up fourth of a percent.
The market breadth remains strong as about two shares gained for every share falling on the BSE.
Tata Steel and Hindalco are top losers among Nifty50, down 2 percent each while TCS, HDFC Bank and ICICI Bank continue to support the market.
The market breadth remains strong as about two shares gained for every share falling on the BSE.
Tata Steel and Hindalco are top losers among Nifty50, down 2 percent each while TCS, HDFC Bank and ICICI Bank continue to support the market.
Buzzing: Shares of Granules India rose 2.3 percent as the company received USFDA approval for Methylergonovine tablets.
The USFDA has approved company’s abbreviated new drug applications (ANDA) for Methylergonovine 0.2 mg tablets.
The ANDA was filed by Granules Pharmaceuticals Inc., a wholly owned subsidiary of Granules India. The approved ANDA is the bioequivalent to the reference listed drug product, Methergine 0.2 MG.
Methylergonovine is a semi-synthetic ergot alkaloid used for the prevention and control of postpartum haemorrhage.
Rupee Update: The Indian rupee extended opening gains, trading 18 paise higher at 67.61 against the US dollar.
The 30-share BSE Sensex is off its opening high, rising 51.85 points to 35,439.73 while the 50-share NSE Nifty gained 18.70 points at 10,759.80.
The market breadth was positive as about two shares gained for every share falling on the BSE.
Market Opening: Benchmark indices rebounded following confirmation that BJP is forming government in Karnataka.
The 30-share BSE Sensex was up 112.77 points at 35,500.65 and the 50-share NSE Nifty gained 29.90 points at 10,771.
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The USFDA has approved company’s abbreviated new drug applications (ANDA) for Methylergonovine 0.2 mg tablets.
The ANDA was filed by Granules Pharmaceuticals Inc., a wholly owned subsidiary of Granules India. The approved ANDA is the bioequivalent to the reference listed drug product, Methergine 0.2 MG.
Methylergonovine is a semi-synthetic ergot alkaloid used for the prevention and control of postpartum haemorrhage.
Rupee Update: The Indian rupee extended opening gains, trading 18 paise higher at 67.61 against the US dollar.
The 30-share BSE Sensex is off its opening high, rising 51.85 points to 35,439.73 while the 50-share NSE Nifty gained 18.70 points at 10,759.80.
The market breadth was positive as about two shares gained for every share falling on the BSE.
Market Opening: Benchmark indices rebounded following confirmation that BJP is forming government in Karnataka.
The 30-share BSE Sensex was up 112.77 points at 35,500.65 and the 50-share NSE Nifty gained 29.90 points at 10,771.
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Tata Steel, Vedanta, TCS, Wipro, Tata Motors, ITC and SBI were early gainers while Cipla, HPCL, BPCL and Lupin were losers.
Nifty Midcap was up 0.3 percent.
Divis Labs, Transport Corporation, Future Consumer, Future Enterprises, Colgate, Parag Milk Foods, JK Lakshmi Cement, BEML, Jyothy Labs, HEG and Delta Corp gained up to 5 percent.
TVS Motor, Muthoot Finance, Brigade Enterprises, Punjab & Sind Bank, Muthoot Finance, Century Plyboards and Career Point fell up to 10 percent.
Nifty Midcap was up 0.3 percent.
Divis Labs, Transport Corporation, Future Consumer, Future Enterprises, Colgate, Parag Milk Foods, JK Lakshmi Cement, BEML, Jyothy Labs, HEG and Delta Corp gained up to 5 percent.
TVS Motor, Muthoot Finance, Brigade Enterprises, Punjab & Sind Bank, Muthoot Finance, Century Plyboards and Career Point fell up to 10 percent.
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