Mumbai: In the week that wiped off Rs 4 lakh crore of market capitalisation on Dalal Street, investors still managed to make some money in the midcap and smallcap stocks. In the midcap segment, 51 stocks gave positive weekly returns, and in the smallcap segment, the number stood at about 375. The major gainers in … Read more
We are in the last leg of the Q2 earnings season and here is a quick snapshot of the companies slated to announce their September results during the week: November 13: , Virtuoso Opto and among others will declare their Q2 results today. November 14: , Abbott India, , , GE Power, Apollo Tyres, , … Read more
New Delhi: Domestic equity markets settled higher during the truncated week, thanks to upbeat economic data which boosted the morale of traders. Benchmark indices – BSE Sensex and Nifty50 – added 2 per cent each, whereas midcap and smallcap gauges also added over a per cent each. Fear gauge India VIX dropped close to 7 … Read more
The US economy also witnessed substantial issues in its pharma market. In addition to these, manufacturing & exporting countries around the world saw heightened raw material price inflation followed by supply chain disruption. All these affected the margins of the companies deeply. Synopsis Indian pharmaceutical market flattened after the pandemic led to a massive upsurge … Read more