The benchmark Sensex and Nifty indices continued to trade in green around mid-day on April 18, led by gains in PSU banks, metals, and realty stocks. The indices snapped a three-day losing streak after the US bond yields retreated marginally overnight, spurring risk-on sentiment. As a result, India VIX, which measures near-term volatility in the domestic market, cooled off by 3 percent around noon....

Shares of Jubilant Pharmova touched a 52-week high of 699.15 in early trade on April 18 after the company's arm received a 'voluntary action indicated' (VAI) status from the US Food and Drug Administration (US FDA).At 9:21 am, Jubilant Pharmova was quoting Rs 682.00, up Rs 10.40, or 1.55 percent, on the BSE.Jubilant Pharmova Limited’s wholly owned subsidiary Jubilant Pharma Limited, announced th...

Shares of JSW Energy gained nearly 3 percent a day after its subsidiary was awarded a claim for recovery from Tamil Nadu Generation and Distribution Corporation Limited (Tangedco). At 9:20 am, the stock was trading at Rs 618.40.In an exchange filing on April 17, JSW Energy reported that the Arbitral Tribunal had issued an award to Ind-Barath Energy (Utkal) Limited (IBEUL), which is a subsidiary of...

In early trade on April 18, the share price of Power Grid Corporation of India surged by nearly 4 percent following the company's successful bid in tariff-based competitive bidding for establishing inter-state transmission systems. These projects will be executed on a build, own, operate, and transfer (BOOT) basis.The bid for transmission projects in Rajasthan and Gujarat. They will handle evacuat...

Shares of Angel One Ltd gained over 7 percent on April 18, a day after the company reported a 27.3 percent on-year (YoY) growth in net profit at Rs 340 crore for the quarter ended March 31. The company's revenue from operations soared 64.3 percent over last year to Rs 1,357.2 crore.Angel One is undertaking a change in its business model, which will incrementally drive the focus towards gaining mar...