Surprise! Despite Covid-19 sales, Indian pharma an underperformer
A majority of pharma stocks reported double digit negative returns, while the overall market (BSE Sensex) delivered a 9% plus return.
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Dr Reddy's rises 2% on deal to acquire Eton Pharma’s portfolio
Dr. Reddy's has acquired a portfolio of injectable products from Eton Pharma for an upfront payment of $5 million in cash, plus contingent payments of up to $45 million
Strong opening seen for Sensex, Nifty; Zomato, Adani Enterprises, Axis Bank, Dr. Reddy’s shares eyed
The Sensex and Nifty are poised to surge in opening trade on Monday, tracking strong cues from global peers and firm trends on SGX Nifty.
Sensex ends 778 pts lower, Nifty above 16,600; Maruti, Dr. Reddy, Asian Paints fall
Ending two sessions gaining streak, the Sensex closed 778 points lower at 55,469, and the Nifty 50 fell 188 points to 16,606, led by sharp selling in auto and banking stocks.
Sensex, Nifty to open in red on Ukraine woes; Dr Reddy, Eicher, Ashok Leyland, Yes Bank in focus
The BSE Sensex and the NSE Nifty are expected to start the week on a bearish note as the escalating situation in Ukraine continues to roil global equities.
Muted opening seen for Sensex, Nifty; Tata Steel, Dr Reddy's, Bosch, Power Grid shares in focus
The BSE Sensex and the NSE Nifty are expected to see a tepid start on Friday, following mixed cues from Asian peers and a negative finish at Wall Street overnight.
Competitors Within
Home-grown smaller players are giving biggies a run for their money in the US generics market.
India is staring at a big Covid-19 vaccine problem
The country’s daily requirement is over 10 million doses against the production of 2.9 million. The Sputnik V vaccine, which got the nod on Monday, will help bridge the gap, albeit marginally.
