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...

Several stocks remained in focus on June 1 as corporate developments, earnings announcements, and regulatory triggers continued to drive market activity.PNC Infratech shares gained 3 percent in early trade after the company emerged as the lowest bidder (L1) for an Engineering, Procurement and Construction (EPC) project worth ?302.44 crore.InterGlobe Aviation (IndiGo) shares rose 3 percent despite ...

Equity benchmarks witnessed a 1.5 percent correction on May 29, extending their weakness for a third straight session. Market breadth turned negative, with about 2,081 shares declining against 925 advancing shares on the NSE. The market may consolidate further as long as it remains below short-term moving averages, with support placed at the May low. Below are some short-term trading ideas to cons...

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...