The benchmark indices came under selling pressure for the fourth consecutive session, falling 0.7 percent on June 1 amid weakness in market breadth. Bears dominated approximately 2,091 shares, while only 924 shares were supported by bulls. Selling pressure could intensify if the market decisively breaks the low recorded in May. Below are some short-term trading ideas to consider:Jigar S Patel, Sen...

Shares of pharma major Wockhardt surged more than 10% on Monday after the company secured US Food and Drug Administration (FDA) approval for its novel antibiotic Zaynich, a major milestone in its decades-long research effort.The stock had surged as much as 16.21% at the opening trade following the FDA approval announcement before paring some gains. It was still up 12.2% at Rs 2,279 on the NSE at 9...

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and new listings, here’s a quick look at which stocks will be in focus in today's trade:Quarterly EarningsInterGlobe Aviation Q4 (Consolidated YoY)Loss stands at Rs 2,536.9 crore Vs profit of Rs 3,067.5 croreRevenue rises 1.3% to Rs 22,438.4 crore Vs Rs 22,151.9 c...

Bengaluru-based technology services provider Wipro Ltd.’s US-listed shares jumped as much as 21 percent on Thursday, May 28, after the company announced an expanded partnership with ServiceNow to implement and scale agentic AI workflows across core enterprise functions.Wipro’s American Depositary Receipt (ADR) rallied 21 percent intraday, settling up 18.54 percent at $2.43 on the New York Stoc...

Indoco Remedies share price will remain in focus on May 29 after the pharmaceutical company received the European Union Good Manufacturing Practice (EU GMP) certification from the German Health Authority (Berlin) for its manufacturing facility in Baddi, Himachal Pradesh.The certification has been granted for the company’s Oral Solid Dosage (OSD) manufacturing facility (Plant III). The inspection...