Names like BSE, Voltas, Alkem Laboratories, Kalyan Jewellers, and Oberoi Realty will now be a part of the MSCI Global Standard Index following its latest rejig on November 7. The adjustments for the latest rejig are slated for November 25, and India is expected to witness a net inflow of around $2.5 billion in FII passive flows through the rebalance, according to Nuvama Alternative & Quantitative ...

Zydus Lifesciences shares fell 3 percent on July 19 after the company's Jarod injectables manufacturing facility got classified as 'Official Action Indicated' (OAI) by the United States Food and Drug Administration (USFDA).At 10.43 am, shares of Zydus Lifesciences were trading at Rs 1,162.90 apiece on the NSE.This comes after the US drug regulator inspected the facility from April 15-23 this year....

Shares of Shipping Corp of India soared 7.5 percent in trade on June 12 as hopes of the company heading closer to divestment lifted investor sentiment.At 11.03 am, shares of Shipping Corp of India were trading at Rs 261.80 apiece on the NSE. Shares of SCI have been on a roll in the past few days amid growing expectations of its divestment and surged 16 percent.Meanwhile, volumes in the counter wer...

Shares of Policybazaar parent PB Fintech, Thermax, Sundaram Finance, and Canara Bank surged in trade on May 15 as the inclusion of these stocks in the MSCI's Global Standard index, post its latest rejig, brought cheer for investors.On the other hand, the share of Paytm parent One97 Communications fell in trade after the stock was thrown out of the MSCI Global Standard index. Nonetheless, it made i...

Biocon Biologics said that it has entered into a long-term commercial collaboration with Eris Lifesciences to expand patient access to its portfolio of Metabolics, Oncology, and Critical Care products in India.Shares of Biocon fell over 4 percent on March 15 after its subsidiary Biocon Biologics' India-branded formulation business was acquired by Eris Lifesciences, a chronic therapy-focused drug f...