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Pharma Stocks Under Pressure: Shares Drop Nearly 4 per cent Despite Diabetes and Obesity Drug Launch in UK Pharma Stocks Under Pressure: Shares Drop Nearly 4 per cent Despite Diabetes and Obesity Drug Launch in UK

Pharma Stocks Under Pressure: Shares Drop Nearly 4 per cent Despite Diabetes and Obesity Drug Launch in UK

With GLP-1 therapies expected to be a significant revenue driver in the future, Biocon aims to strengthen its footprint in this segment.

Abhishek Wani 0 72 Article rating: 4.3

With GLP-1 therapies expected to be a significant revenue driver in the future, Biocon aims to strengthen its footprint in this segment.

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This Pharma Stock Declines 4.86 per cent; Board Approves Rs 570 Crore Fundraise, Know the Stock Outlook Here This Pharma Stock Declines 4.86 per cent; Board Approves Rs 570 Crore Fundraise, Know the Stock Outlook Here

This Pharma Stock Declines 4.86 per cent; Board Approves Rs 570 Crore Fundraise, Know the Stock Outlook Here

The Board of Directors approved the issuance of commercial papers worth Rs 570 crore on a private placement basis

Abhishek Wani 0 235 Article rating: 3.3

The Board of Directors approved the issuance of commercial papers worth Rs 570 crore on a private placement basis

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Overnight Digest: Stocks to keep an eye on June 24 Overnight Digest: Stocks to keep an eye on June 24

Overnight Digest: Stocks to keep an eye on June 24

Auto stocks took the lead with BSE Auto Index adding up to 4 per cent. The top three auto stocks lifting the index were Maruti Suzuki, Here MotoCorp and Eicher Motors zooming up to 6.6 per cent.

Shreya Chaware 0 1588 Article rating: 3.2

Following the Asian market, the domestic indices opened on a positive note on Thursday. The markets cut some gains in the afternoon session but managed to remain in green.

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Overnight Digest: Stocks likely to be in focus on June 9 Overnight Digest: Stocks likely to be in focus on June 9

Overnight Digest: Stocks likely to be in focus on June 9

Realty index gained up to 1.88 per cent as RBI permitted rural cooperative banks to extend finance for a residential housing project to further augment credit flows to the housing sector.

Shreya Chaware 0 1122 Article rating: 3.3

On Wednesday, the benchmark indices remained under pressure post the repo rate hike. RBI hiked the key policy repo rate by 50 bps to 4.90 per cent whereas the markets were relieved, as there was no CRR hike. The repo rate hike by RBI is likely to impact the home loan borrowers, both the existing as well as the new ones. While the hike is positive for the banks and the NBFCs, it is likely to be a burden for the borrowers. 

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Stocks below Rs 100: Only buyers seen in these scrips on June 7 Stocks below Rs 100: Only buyers seen in these scrips on June 7

Stocks below Rs 100: Only buyers seen in these scrips on June 7

At noon on Tuesday, the core equity indices, i.e. Sensex and Nifty 50 were trading on the lower side as the markets globally fear that the onset of a recession is very near. Reserve Bank of Australia hiked its interest rates by 50 basis points (half a percentage) in a surprise move, which was a bolder move than was expected by the economists.  

Sayali Kotwal 0 1243 Article rating: 4.7

At noon on Tuesday, the core equity indices, i.e. Sensex and Nifty 50 were trading on the lower side as the markets globally fear that the onset of a recession is very near.  

 Reserve Bank of Australia hiked its interest rates by 50 basis points (half a percentage) in a surprise move, which was a bolder move than was expected by the economists.  

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