Domestic indices Nifty and Sensex are down in trade today as the indices lose despite positive global cues. Nifty 50 gave up the 18,000 mark intraday as it fell 0.3% to 17,982 while Sensex dropped 437 points to trade at 60,219. Bajaj Finance, Reliance Industries, Infosys, Bajaj Finserv, ICICI Bank are the most active Nifty 50 stocks intraday.Nifty 50 Gainers and LosersOn the NSE Nifty index, Brit...

Cadila Pharmaceuticals on Monday announced that it has appointed Ashraf Allam as its global Chief Operating Officer (COO).Allam, who served as the CEO at the Public Investment Fund prior to joining Cadila Pharmaceuticals, will report to Group Chairman and Managing Director Rajiv Modi, the company said in a statement.Previously he has worked with multinationals such as Johnson & Johnson, Amgen, El...

As the reports surface that the government may raise the export quota for sugar, sugar stocks rallied for the second consecutive session. Bajaj Hindusthan Sugar, Shree Renuka Sugars, Balrampur Chini Mills, Dalmia Bharat Sugar and Dhampur Sugar Mills are all gaining on the back of the update. Many analysts are positive about the sugar sector as a whole, especially since sugar production is expe...

Indian benchmark indices BSE Sensex and NSE Nifty 50 are likely to open higher amid positive global cues. Ahead of the session, SGX Nifty was up in green, hinting at a positive start for domestic equity markets. “The pressure in the global indices, especially the US, is weighing on the sentiment and we feel the scenario would continue in absence of any major domestic trigger. A decisive breakdow...

Days after West Bengal BJP vice-president Dilip Ghosh accused the Central Bureau of Investigation (CBI) of acting in cahoots with the ruling Trinamool Congress in the state, Union Home Minister Amit Shah and BJP national president JP Nadda have asked Ghosh to explain his stand in a detailed report, The central BJP unit has asked for the video along with the English and Hindi translations of t...