The shares of Natco Pharma climbed over 10 per cent intraday on May 24, 2021, following the Drug Controller General of India (DCGI) approval

On Friday, the board of directors of JSW Steel approved the issuance of equity shares by way of a rights issue to existing shareholders for an amount, which will not be exceeding Rs 5,000 crore.

Investing systematically with SIP is one of the best ways to create wealth over the long term. In this article, we would be listing the top 10 MFs that gave double-digit SIP returns.

On Friday, SJVN Ltd informed the exchanges that it has received a letter of intent (LOI) for a 75 MW grid-connected solar power project in the state of Uttar Pradesh through tariff-based competitive bidding by Uttar Pradesh New and Renewable Development Agency (UPNEDA). 

On Friday, Sensex jumped around 975.62 points or 1.97 per cent to close at 50,540.48 levels while Nifty surged 269.25 points or by 1.81 per cent to close at 15,175.30 levels.  Here are the three major reasons for the uplifted mood in domestic equity markets that caused markets to rebound after two days of bearish environment.  

Regaining its lost ground, the scrip of BSE Ltd has zoomed by around 25 per cent since the beginning of May 2021.  

Dishman Carbogen Amcis Ltd (DCAL), a multinational pharmaceutical company, announced this afternoon that it has achieved successful results in its research for treatment for vitamin D deficiency. 

Morepen Laboratories Limited, a domestic pharmaceutical company, announced this morning that in the Extra-Ordinary General Meeting (EGM), its shareholders have given a go-ahead for issuing and allotting 585 lakh equity shares worth Rs 243.36 crore to Corinth Investment Holdings AG (headquartered in Switzerland).

A summary of the most important macro-economic news moving markets during the week.

The shares of HPL Electric & Power (HPL) hit the upper circuit on the second consecutive day after the company announced that it has bagged another set of orders worth over Rs 372 crore for its switchgear, wires, and other related accessories for housing projects in the state of Andhra Pradesh.