DSIJ Mindshare

When the major indices were striving for fresh buying after the short covering at the end of last month, there were few stocks which can be called as defensives which continued upsurge even in cautious market conditions and hit their all-time high levels today.

Infosys opened with a gap-down of 6 per cent on Monday but its opening and low were the same and thereby it surged nearly 3 per cent on an intraday basis, attempting to cover the gap. Moreover, 1,098 acted as the 100-day EMA support for the stock.

BHEL will be performing the work of design, engineering, manufacture, supply, dismantling, erection, testing and commissioning of the ESPs to bring down the SPM emission within the stipulated levels.

Pharma major Cipla’s US subsidiary, InvaGen Pharmaceuticals Inc. recalled 11 lots of antidepressant bupropion hydrochloride ER tablets from the US markets on April 15. 

Closed-ended funds should ideally be generating better returns than open-ended funds as they enjoy certain benefits. Nevertheless, the return analysis shows a different picture.