Gland Pharma up 40% in 2 days, but nobody can explain this sudden interest

Runjhun Jain, a pharma analyst from Nirmal Bang, said the surge could only be a short-term phenomenon. That said, it is a good company for the long term, though it was expensive even at the IPO price. …

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Mahindra & Mahindra hits 52-week high on strong business outlook

In the past one week, the stock has outperformed the market by gaining 14 per cent. …

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Gold prices today slip to Rs 49,000 level as business outlook improves

In the spot market, gold in the national capital witnessed muted trading and was marginally up by Rs 57 to Rs 49,767 per 10 gram on Monday, according to HDFC Securities. Silver, however, declined by Rs 185 to Rs 61,351 per kilogram….

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Stocks to watch: IT, aviation stocks, Coal India, RIL, AU Small Fin Bank

Here’s a list of stocks that may remain in focus today. …

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SGX Nifty down 10 points; here’s what changed for market while you were sleeping

Nifty50 on Monday formed a ‘Hanging Man’ candle on the daily chart. In the last nine sessions, the index appears to be struggling at the upper boundary of the 45-day-old ascending channel, which coincides with the psychological mark at 13,000 level. Analysts said the index has strong support at 12,800 level and a move above 13,000 level could bring in further upside….

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Stock picks by Nilesh Jain of Anand Rathi: Buy Wipro, Godrej Properties

The stock of Wipro is also trading well above its short-term and long-term moving averages …

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Sensex, Nifty march higher on Covid-19 vaccine progress news; ONGC rises 6%

After touching a record intra-day high of 44,271.15, Sensex ended 194.90 points or 0.44 per cent higher at 44,077.15 …

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Exide Industries increases stake in JV with Leclanche to 80.15%

Exide Industries Ltd (EIL) has further invested an amount aggregating to Rs 33.17 crore by way of subscription to the equity share capital of its subsidiary, Exide Leclanche Energy Pvt Ltd, the company said in a regulatory filing….

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BSE-NSE bulk deals: Vedanta Resources sells 2.79 lakh shares of Adhunik Industries

Vedanta Resources sold 2,79,481 shares of Adhunik Industries at Rs 13.31 per share….

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Sebi proposes to change reclassification rules of promoters as public shareholders

The regulator also proposed exemption from the procedure for reclassification following an open offer provided the intent of the existing promoter to reclassify has been disclosed in the letter of offer….

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