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Pharma stocks rally after cabinet approves PLI scheme - Vimarsana News

Pharma stocks rally after cabinet approves PLI scheme

Shares of eight pharmaceutical companies rose by 0.5% to 3.4% after the cabinet approved Production Linked Incentive (PLI) scheme for pharmaceuticals segment.Hikal (up 3.46%), Neuland Laboratories (up 3.08%), IPCA Laboratories (up 2.85%), Alkem Laboratories (up 1.43%), Torrent Pharmaceutical (up 1.09%), Biocon (up 0.6%), Cadila Healthcare (up 0.58%) and Aurobindo Pharma (up 0.52%) were top gainers in pharmaceutical space. The Union Cabinet on Wednesday approved Production Linked Incentive (PLI) scheme for pharmaceuticals over a period of Financial Year 2020-21 to 2028-29. The scheme will ben...

Barometers trade sideways with losses - Vimarsana News

Barometers trade sideways with losses

Read more about Barometers trade sideways with losses on Business Standard. At 12:27 IST, the barometer index, the S&P BSE Sensex, was down 130.69 points or 0.25% at 51,194. The Nifty 50 index fell 37.15 points or 0.25% to 15,081.80.