Sensex, Nifty tank on heavy foreign fund outflows

[ad_1] Benchmark equity indices Sensex and Nifty tumbled about 1.5 per cent on Thursday amid heavy foreign fund outflows and selling in HDFC Bank, Larsen & Toubro and Reliance Industries.Declining for the third day running, the BSE Sensex dropped 1,062.22...

NSE to conduct special trading session on May 18

[ad_1] The National Stock Exchange (NSE) on Tuesday said it will conduct a special trading session in the equity and equity derivative segments on May 18 to check its preparedness to handle major disruption or failure at the primary site....

Jindal Stainless fuels Indian Navy’s capabilities with SMART system

[ad_1] Jindal Stainless Ltd reported that it supplied 3 mm special alloy steel sheets for the Supersonic Missile-Assisted Release of Torpedo (SMART) system, to enhance the Navy’s anti-submarine warfare capabilities. The sheets are developed by Jindal Stainless’ vertical, Jindal Defence...

Gland Pharma secures USFDA approval for Edaravone and Plerixafor injections

[ad_1] Gland Pharma Ltd’s shares were up after the company received approval from the United States Food and Drug Administration (USFDA) for two products, Edaravone Injection and Plerixafor Injection.  Edaravone Injection, available in 30 mg/100 mL and 60 mg/100 mL...

Coromandel International increases stake in Ecozen, shares up

[ad_1] Coromandel International Limited announced an increase in its investment in Ecozen, a climate-smart technology solutions provider. The company made a ₹24 crore investment through its subsidiary and corporate venture capital arm, Dare Ventures Limited, increasing its shareholding in Ecozen...

Technical Analysis: Biocon, Great Eastern Shipping and L&T

[ad_1] Biocon (₹305.2)Signs of bullish reversalBiocon’s long-term downtrend, that began in December 2020, came to an end in April 2023 after it found support at around ₹200. Since then, the stock has been on a recovery. Importantly, before a couple...

Short Take: OFSS F&O Contracts Adjustment

[ad_1] Oracle Financial Services Software (OFSS) (₹7,800) announced an interim dividend of ₹240 per equity share of face value ₹5 for the financial year 2023-24. This will lead to necessary adjustments in the futures and options (F&O) contracts on this...
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