Troubles rose again for Cipla Ltd as the US Food and Drug Administration slapped a form 483 with six inspectional observations on the drugmaker's manufacturing facility at Patalganga in Maharashtra. The continued regulatory stress for the company sent its shares down 1.5 percent in early trade on April 5.At 9.19 am, shares of Cipla were trading at Rs 1,450.95 apiece on the NSE.Cipla's Patalganga p...

Benchmark indices BSE Sensex and NSE Nifty fell in trade on Thursday. Nifty dropped 130 points to 17,320 while Sensex lost 0.85% at 58,909. The broader markets were largely in red, however few Nifty Small Cap indices eked out marginal gains. Sectorally, Nifty Realty, Oil & Gas and PSU Bank were the only winners, Nifty IT tanked 1.26% with Infosys and TCS leading the index’s losses. Adani Enterpr...

Benchmark indices BSE Sensex and NSE Nifty traded higher, snapping an eight-day losing streak. Nifty reclaimed the 17,400 level by gaining 0.66% intraday while Sensex jumped over 300 points to 59,328. The broader markets followed the benchmarks’ cues and traded firmly in the positive territory, Nifty Small Cap 100 and Midcap 100 gained 1.2% and 1.3% respectively. Sectorally, Nifty Metal outperfo...

Indian equity markets are likely to start the week’s last trading session on a negative note. Ahead of the session, SGX Nifty was in red hinting at a gap-down start for domestic benchmark indices. In the previous session, BSE Sensex fell 337 points to close at 59,120, while NSE Nifty 50 declined 89 points to 17,630. “The recent movement in the index shows indecisiveness amid the global uncerta...

The benchmark indices witnessed range bound trading session. The Nifty ended 13 points lower while the Sensex shed 64 points. Among sectors, metal and energy stocks outperformed as both indices gained over 1 per cent, whereas some intraday profit booking was seen in selective FMCG and private banks stocks. Technically, the index opened with a strong note, but once again it witnessed profit booking...