Page 45 - Cipla Ltd News Today

The Nifty opened flat and became weaker in the second half. After a range-bound session, it closed with a loss.

Small- and mid-cap stocks have trounced their larger peers this year amid bets that domestic-facing names will benefit more from the nations economic growth that is among the worlds fastest. The S&P BSE MidSmall Cap Index has surged 30% since Jan. 1, more than four times the gain in the benchmark S&P BSE Sensex Index.

(Bloomberg) -- India’s small- and mid-sized stocks have had a fantastic run this year, and analysts are sticking to this pocket of the nation’s $3.7 trillion market while picking potential winners for the festival of Diwali this Sunday.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearAdam Neumann Remains a Billionaire Even With WeWork BankruptcyVIX Notches Its Longest S...

India Business News: Analysts are recommending small and mid-cap stocks in India for the upcoming Diwali festival. These stocks have outperformed larger stocks this year,

Abbott India, the local unit of U.S. healthcare firm Abbott Laboratories, reported a 17.7% rise in second-quarter profit on Thursday, driven by strong sales in its mainstay pharmaceuticals segment. Profit for the company, which makes pain-reliever ibuprofen under the brand name Brufen, rose to 3.13 billion rupees ($37.6 million) in the three months to Sept. from a year earlier.

Property developers as well as leading producers of cement, cables, and chemicals are among the picks this season.

The 30-share BSE Sensex was up 15.77 points at 64958.17

The NSE Nifty index closed 36.8 points up at 19443.5

The 30-share BSE Sensex was down 65.89 points at 64876.51

The 30-share BSE Sensex closed up 33.21 points at 64975.61