“On the technical front, the key resistance levels for Nifty 50 are 17,850 followed by 18,000 and on the downside 15,000 followed by 17,350 can act as strong support. Key resistance and support levels for Bank Nifty are 39,000 and 38,000 respectively,”.
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Alembic Pharma Jumps On U.S. FDA Nod For Fesoterodine Fumarate Tablets
Shares of Alembic Pharmaceuticals Ltd. rose 1.5% to Rs 773.5 apiece after the company received the U.S. FDA nod for its ANDA for Fesoterodine Fumarate Extended-Release tablets, 4 mg and 8 mg. It is indicated for treatment of overactive bladder in adults. The estimated market size of $225 million for twelve months ending September 2021, according to IQVIA.
Budget 2022 Share Market Live Update [01-02-2022]
Budget 2022 Share Market Live: Impact of Budget on Share Market Live News, Budget 2022 Share Market Live News
Navin Fluorine Jumps On Q3 Beat [01-02-2022]
Shares of Navin Fluorine International Ltd. rose 7.45%, the biggest intraday rise in this week, after the company reported net income for the third quarter that beat the average analyst estimate.
Sensex, Nifty Open Higher Ahead Of Budget 2022
India’s stock benchmarks opened higher, ahead of federal budget due to be presented in the parliament by Finance Minister Nirmala Sitharaman at 11 a.m., aided by information technology, banking, metal and realty stocks. The rise comes amid rebound in global equities due to positive spillover effects from the technology-led rally in the U.S.
Adani Wilmar IPO Subscription Status: Day 3 Live Updates
Adani Wilmar IPO Subscription: Retail and non-institutional investors continue to pile into the initial public offering of Adani Wilmar Ltd., a consumer goods joint venture between Adani Group and Wilmar Group, on the third day.
The IPO was subscribed 1.13 times on the second day and 57% on day one.
UPL Q3 Net Income Above Estimate
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Shares of UPL Ltd. rose nearly 3% in intraday trade to Rs 812.7 apiece. The company reported net income for the third quarter that beat the average analyst estimate.