Shares of Wockhardt rose 3 percent in the early trade on March 16 after US-based National Institutes of Health (NIH) said that it will conduct trial of the pharma company’s MDR Gram-negative Antibiotic WCK 6777. The National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH), United States of…
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Dr Reddy’s Laboratories shares falls 3%, hits 52-week low
Shares of Dr Reddy’s Laboratories hit a 52-week low of Rs 4,055.85, down 3 per cent on the BSE in Thursday’s intra-day trade, after Russia ordered military operations in Ukraine and reports emerged of blasts in some major Ukrainian cities. The stock of the pharmaceutical company, which has a significant presence in the Russian market,…
5 Reasons For more than 1000 Points Crash On Sensex Today
The bear has tightened its grip on the domestic stock market indices. Indices that reached lifetime highs last month .. have been declining for a few days. Markets are not supported by the end of the results season domestically along with the acceptance of profits at peaks. In addition, negative signals from international markets further…
10 Reasons for paytm shares crash on its IPO debut
Airbnb’s Prices Shares Above Target in 2020’s Biggest US IPO
The IPO gives Airbnb’s a fully diluted valuation – which includes securities such as options and restricted stock units – of $47.3 billion, capping a turnaround in fortunes for the U.S. home rental firm that was hit hard by travel restrictions used to curb the COVID-19 pandemic. Airbnb had planned to sell around 51 million…
Sensex falls over 1000 points, Nifty Below 14700; 5 factors Behind Sell-off
Indian equities extended the losing run of the previous four sessions to February 22 as the market benchmark Sensex fell more than 1,000 points and Nifty below 14700 in intraday trade. At 1405 hours, Sensex was 947 points, or 1.86 percent, down at 49,943 while Nifty was 262 points, or 1.75 percent lower at 14,719.…
Sensex drops 600 points, Nifty below 14,100; 5 factors that are weighing on market
Sensex opened lower, after three consecutive days of fall, and dropped over 600 points in intraday trade. Nifty fell below 14,100 indicating that investors are taking money off the table ahead of mega-policy event Union Budget 2021. Indian equities traded with deep cuts in intraday trade on January 27, tracking weak global cues. At 1210…
Market closed; Sensex plunges 788pts, nifty settled below 12,000
MUMBAI: Today Bear rule the Dalalstreet and indexes have been bemused by the fears of war in the Middle East which has upset the markets. In addition, sales domestically increased. As a result, Monday’s trading indices fell. The Bombay Stock Exchange Sensex fell by over 750 points. The National Stock Exchange’s Nifty fell below 12,000.…
Market Open: Nifty below 12,100, Sensex down 280 pts
MUMBAI: Domestic market records have hit a record high. Investors’ vigilance on GDP figures, coupled with rising sales in iconic stocks, have led to indices in today’s trading. The Sensex, which started trading at a loss of more than 100 points. It lost 200 points at 9.50 am and continues at 40,930. Also read: RIL…
IPO : Upcoming IPOs in April/May 2022
LIC IPO getting postponed to FY22 will be a disappointment for the IPO markets, which was expecting the LIC IPO to actually trigger positive action in the markets. Now LIC has time till 12th May to come out with its IPO without seeking fresh actuarial valuations. A large number of IPOs are all set to…