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Cipla rises nearly 3% as company to market Eli Lilly#39;s diabetes drug Under this agreement, Lillyâs BASAGLAR that is manufactured by Lilly will be marketed and distributed in India by Cipla.
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Only buyers in Goldstone Infratech as company launches new electric feeder bus The company announced the launch as well as export of its full electric feeder bus eBuzz KG, the 1st bus in this category to be manufactured in India.
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Market Update: Bulls charge ahead as midcaps rally; RIL, JSPL jump 2-4%, Avanti Feeds zooms 12% The breadth of the market favoured advances, with 1388 stocks advancing, 306 declining and 360 remaining unchanged. On BSE, 1861 stocks advanced, 617 declined and 106 remained unchanged.
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Rate sensitive stocks trade higher after RBIâs MPC hikes repo rate; banks, auto surge Banking stocks resumed their uptrend after trimming some gains immediately after the RBI policy outcome was announced.
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Banks resume uptrend after a brief pause post RBI repo rate hike The Bank Nifty and Nifty PSU bank had both trimmed gains on the back of hiking of repo as well as repo rates. The resumption of trend is possible after reading into the fine-print of the central bankâs statement.
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HCC surges 7% on contract win by JV in Bangladesh worth Rs 737 cr The company#39;s share in the joint venture is 40 percent (USD 44 million / Rs 295 crore).
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Elecon Engineering up nearly 8% after Bajaj Finance acquires additional stake in Co Bajaj Finance has acquired additional 3.64 percent stake in the company stake in the company via encumbrance.
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Rate-sensitives surge ahead of RBI policy outcome; PSU banks, auto names surge Sectors like banking, real estate and auto, among others, will be impacted the most from the rate hike as the cost of the products will be directly influenced due to increase in interest rate.
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Market Update: Midcaps bleed the most dragged by Biocon, GMR Infra; RIL, Maruti top gainers 378 stocks hit a new 52-week low. These include ACC, Ajanta Pharma, BHEL, GE TD, Granules India, HCL Infosystems, HDIL, IDFC Bank, India Cements, JK Tyre, Kwality, Mcleod Russel, PTC India Financial, Titagarh Wagons and Unitech among others.
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Unichem Laboratories hits 52-week low; receives EIR from USFDA for Ghaziabad unit The company#39;s formulation manufacturing facility at Ghaziabad has received an EIR from USFDA.
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Buy Reliance Industries with target of Rs 970: Mazhar Mohammad Positional traders are advised to buy into this counter for a target of Rs 970 and a stop loss below Rs 900.
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Buy BPCL, target Rs 430-437: Rajesh Palviya The stock is witnessing high volume along with the support placed at 20 and 50-days SMA.
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Lupin stock rises 2% on launch of drug that prevents postpartum hemorrhage Methylergonovine Maleate tablet is the generic equivalent of Novartis Pharmaceuticals Corporation#39;s Methergine.
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Baron Emerging Markets Fund buys Vakrangee shares worth Rs 25 cr The fund house has purchased 72,67,679 equity shares of the company at Rs 34.08 apiece through bulk deals on the National Stock Exchange.
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State Street Active Emerging Markets sells Balrampur Chini shares worth Rs 10 cr The fund house sold 13,39,777 equity shares at Rs 73.43 per share through bulk deals on the National Stock Exchange.
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ONGC stock falls 4% as firm may bear fuel subsidy burden; Venezuela stops oil dues to OVL The government does not want to cut excise duty and is looking at alternative means to reduce petrol and diesel prices.
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Broking firm sees 51% on Reliance Home Finance; initiates coverage with buy Citing good capital position, better asset quality, as well as increasing share of low cost sourcing, among others, Sunidhi Securities has initiated coverage on Reliance Home Finance with a buy call
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Bajaj Auto zooms 7% as company records 30% jump in May sales figures Domestic sales during the month grew by 29 percent to 2.24 lakh units and exports grew by 31 percent to 1.82 lakh units compared to same month previous year.
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Orient Cement shares jump nearly 7% on deal call-off Shares of Orient Cement surged nearly 7 percent after the company announced the termination of the agreement to acquire two entities from Jaypee group firms.
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ONGC shares end over 2% higher after Q4 results Shares of Oil and Natural Gas Corp (ONGC) today ended with over 2 percent gains after the company reported its highest profit in 17 quarters.
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