Nifty
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L&T Technology Services inks pact with Forvia
L&T Technology Services has signed a contract with automotive supplier Forvia. The contract of engineering development activities is approximately valued at €45 million for its clean mobility division.
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REC stock rallies after Q4 results
REC stock rallied over 8 per cent on the NSE on Thursday after the company reported its financial results for the quarter and year ended March 2024 on April 30, 2024.
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Sensex, Nifty open higher; realty stocks decline over 1%
Domestic benchmark indices opened higher on Monday. BSE Sensex traded at 74,124.96, higher by 394.80 pts or 0.54 per cent as of 9.40 am and Nifty 50 traded at 22,500.10, up 80.15 pts or 0.36 per cent.
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Gland Pharma receives approval for cetrorelix acetate for injection
Gland Pharma Ltd. has received approval from the United States Food and Drug Administration (USFDA) for cetrorelix acetate for injection, 0.25 mg/vial, a single-dose vial.
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Techno Electric & Engineering secures new orders for ₹4,063 crore; stock surges 5%
Techno Electric & Engineering has bagged new orders for ₹4,063 crore. The stock surged 5.22 per cent on the NSE as of 1.21 pm to trade at ₹1,020.
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Market valuation of six most valued firms rises ₹1.30 lakh crore; SBI, ICICI Bank top gainers
The combined market valuation of six of the top-10 most valued firms increased ₹1,30,734.57 crore last week, with State Bank of India and ICICI Bank emerging as the biggest gainers in line with an overall positive trend in equities.
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Glenmark Pharmaceuticals receives ANDA approval for acetaminophen and ibuprofen tablets
Glenmark Pharmaceuticals Ltd. has received final approval from the United States Food & Drug Administration (USFDA) for Acetaminophen and Ibuprofen tablets, 250 mg/125 mg (OTC).
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Nifty could reach 25,810 if NDA government returns, says Prabhudas Lilladher
Prabhudas Lilladher, one of the leading broking firms, expects the equity market to turn cautious in the run-up to the second phase of the General Election and give up some gains closer to the polling date.
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NSE cuts Nifty lot size to 25 from Friday
The revised derivative market lot of Nifty 50 will take effect from Friday. Earlier this month, the National Stock Exchange (NSE) announced a revision in lot size from 50 to 25 for Nifty50. The bourse had also reduced the market lot of Nifty Financial Services to 25 from 50 and Nifty Midcap Select to 50 from 75, but the changes will take effect from July expiries.
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Holding companies outpace Nifty, Sensex in returns: Way2Wealth report
Holding companies index outperformed the benchmark index over a longer investment horizon, according to a report by brokerage firm Way2Wealth. Returns of the eight holding companies covered by the study were at 95 per cent, 26 per cent and 27 per cent over a one-year return, five-year CAGR, and 10-year CAGR, respectively. This outpaced the returns of Nifty 50 index and Sensex at 27/23 per cent, 14 per cent and 13 per cent during the respective period.