Brokerage sentiment across the pharmaceutical and emerging workspace sectors remains broadly optimistic, with firms such as Citi and Choice Institutional Equities highlighting robust growth drivers and improving earnings visibility for key players.Citi continues to back large-cap pharma names like Lupin and Sun Pharma, citing strong momentum in their US businesses, healthy product pipelines, and structural…
Droneacharya Aerial Innovations entered the market in December 2022 as one of the most talked-about SME listings of that year, helped by a headline-grabbing roster of early investors, including Bollywood actors Ranbir Kapoor and Aamir Khan, along with market veteran Shankar Sharma. The IPO, which was subscribed an extraordinary 244 times and rode on the…
Over the five trading sessions ending on November 28, the Sensex added around 0.56%, or 475 points, to settle at 85,707. The benchmark logged gains in only two of the five sessions. Amid this modest uptrend, 10 stocks from the BSE small-cap index posted gains in all five sessions. (Data Source: ACE Equity) Source link
After a sharp three-day rally, shares of Gujarat Mineral Development Corporation (GMDC) fell 2.2% to an intraday low of Rs 540.40 on Friday, as traders booked profits following recent gains fueled by a major government incentive announcement. The stock had gained nearly 23% in the last three sessions, driven by optimism surrounding the Rs 7,280-crore…
Shares of Thyrocare Technologies witnessed a steep decline of 66.7% in Friday’s early trade to the day’s low of Rs 492, from their closing price of Rs 1,473.90 on Thursday, as the stock began trading ex-bonus following the company’s recently announced 2:1 bonus issue. The sudden fall in share price, while appearing alarming at first…
The Nifty50 index soared to a new all-time high of 26,310.45 in Thursday’s trading session, buoyed by strong buying interest across heavyweights in financials, IT, infrastructure, and consumption-linked stocks. The broad-based optimism in the market was reflected in the positive performance of 24 of the 50 index constituents, with several frontline stocks delivering solid percentage…