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Sun Pharma Stock: The company to acquire a 14.3% stake in the Indian Foundation for Quality Management for Rs 12.5 crore.
Nifty jumped 162.05 points to hit its lifetime high of Rs 21,603.40. The 30-share BSE Sensex pack surged 535.01 points to trade at 71,871.81. At this level, the benchmark is just 41.26 points away from its all-time high of 71,913.07, a level seen earlier this month on December 20.
The 30-share BSE Sensex pack was up 287 points or 0.40 per cent to trade at 71,624, while the broader NSE Nifty moved 88 points or 0.41 per cent up to trade at 21,529.
Stock market holiday: On Friday, the 30-share BSE Sensex pack rose 242 points or 0.34 per cent to settle at 71,107, while the broader NSE Nifty index moved 94 points or 0.44 per cent up to close at 21,349.
For Caplin Point, both the US and emerging markets of Latin America and Africa continued to grow, and with a healthy order book and drug approvals, the company hopes to clock revenue growth of 50% for the US markets, which constitute 15% of the total revenue.