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Shares of pharmaceutical companies were in focus at the bourses on Wednesday, with the Nifty Pharma surging 4 per cent after a consolidating in the last couple of days. Sun Pharmaceutical Industries and Cipla rallied 6 per cent each, hitting their respective 52-week highs on the National Stock Exchange (NSE) in intra-day trade. Torrent Pharmaceuticals and Dr Reddy’s Laboratories were up 5 per cent, while Divis Laboratories, Lupin, Cadila Healtchare and Biocon from the pharma index were up in the range of 3 per cent to 4 per cent. At 12:57 pm, Nifty Pharma index, the top gainer among sectora...

Trade setup for Wednesday: Top 15 things to know before Opening Bell The formation of long bull candles and a possibility of faster retracement of downswing is expected to pull the Nifty beyond 14,750-14,800 levels in the next 1-2 sessions, Nagaraj Shetti of HDFC Securities feels. Sunil Shankar Matkar February 02, 2021 / 10:20 PM IST The market extended Budget-led gains for the second consecutive session on February 2 with the Nifty50 moving closer to record high levels, backed by buying in all sectors but FMCG. The S&P BSE Sensex rallied 1,19...

Options data suggested a wider trading range between 13,200 and 14,000/14,200 levels ahead of the Budget.

Stellar gains! Nearly 70% PMSes outperform Nifty in 2020; 6 funds in the red Equirus Securities' Long Horizon Fund was the top gainer in 2020, rising 61.55 percent year-on-year. January 22, 2021 / 12:34 PM IST Calendar 2020 was a year of many firsts. The market went from record highs in the opening months to multi-year lows in March and back to record highs by the end of the year. Despite the push and pull, the bulls managed to dig in, with the Nifty rising 14.9 percent during the year. The heavy lifting by the bulls was more apparent in the broader markets, as smallcap and midcap rose 2...

Shares of select pharmaceutical companies were in demand in Thursday's session with Suven Pharmaceuticals rallying 13 per cent to a new high of Rs 493 on the BSE in an otherwise range-bound market. Meanwhile, Laurus Labs climbed 5 per cent to Rs 364 in intra-day trade and was hovering close to its record high level of Rs 365.65, touched on December 21, 2020. At 01:04 pm, the S&P BSE Healthcare index was up 0.40 per cent at 22,152, as compared to a 0.03 per cent rise in the S&P BSE Sensex. The healthcare index hit an intra-day high of 22,194, quoting near its all-time high level of 22,464,...