Biocon shares gain on immunity jab distribution deal with Sandoz for Japan on December 26, 2023 at 4:11 am

Biocon Biologics signed a distribution agreement with Sandoz, granting the company the exclusive rights to promote, sell and distribute Adalimumab BS for subcutaneous injection.

Aurobindo Pharma shares trade lower after US FDA slaps 10 observations on December 26, 2023 at 4:15 am

The observations are procedural in nature and will be responded to within the stipulated time, while the plant is yet to start commercial operations, company said.

Inox Wind shares gain 2% on winning 279 MW order from CI player on December 26, 2023 at 4:12 am

The project will be executed by June 2025, with the WTGs being installed across Rajasthan and Gujarat.

Indian equities touched all-time highs in 2023 – What’s in store for 2024? on December 26, 2023 at 4:20 am

Favourable factors like BJP’s strong standing going into Lok Sabha polls, the US Fed’s anticipated rate cuts, and strong buying by FIIs and domestic mutual funds suggest the party will continue into the first half of 2024. But as usual there are risk factors too

Adani Power stocks gain as consortium receives letter of intent for Coastal Energen purchase on December 26, 2023 at 4:23 am

The Committee of Creditors (COC) of Coastal Energen (CEPL), has approved the resolution plan submitted by a consortium, of which Adani Power is a part.

Faster reduction in fiscal deficit will send #39;very good signal#39;: MPC#39;s Ashima Goyal on December 26, 2023 at 1:38 am

According to Goyal, the government should continue to focus on building physical and human capital in the 2024-25 interim budget as the level of private investment in these areas is “less than optimal”.

Ten best bets for next 3-4 weeks when Nifty enters a corridor of uncertainty on December 26, 2023 at 2:21 am

The market seems to have entered into consolidation mode with hurdle on the higher side at 21,593, the record high, and the support for the Nifty 50 on the lower side at 21,200-21,000 levels.

Faster reduction in fiscal deficit will send #39;very good signal#39;: MPC#39;s Ashima Goyal on December 26, 2023 at 1:38 am

According to Goyal, the government should continue to focus on building physical and human capital in the 2024-25 interim budget as the level of private investment in these areas is “less than optimal”.

Ten best bets for next 3-4 weeks when Nifty enters a corridor of uncertainty on December 26, 2023 at 2:21 am

The market seems to have entered into consolidation mode with hurdle on the higher side at 21,593, the record high, and the support for the Nifty 50 on the lower side at 21,200-21,000 levels.

Room for limited monetary easing will open up in 2024 on December 26, 2023 at 3:21 am

The recent IMF India country report on India notes that the current broadly neutral monetary policy is appropriate, based on the estimates of natural real interest rate of 1%. Based on that estimate and average inflation estimate of 5% in the next fiscal, Repo rate can be at 6% under a neutral stance – implying… Continue reading Room for limited monetary easing will open up in 2024 on December 26, 2023 at 3:21 am