The realty sector eclipsed its sectoral peers as the BSE Realty index delivered near double-digit weekly gains with significant impetus coming from the Reserve Bank of India’s (RBI’s) 50 bps points repo rate cut on Friday, unleashing the property stocks. The 10-stock index ended the week with 9.7% returns while rising by 5% on Friday….
Axis Securities has set a target price of Rs 2,500 on Lupin, showing an upside potential of around 27% from the current market prices. “New launches in the U.S. market, such as Darunavir and Spiriva, have gained market shares of up to 30% and 25%, respectively. The recent approval for gMegabran has the potential to…
Swiss financial services company UBS Group AG on Friday sold shares of seven companies, including Oil India and Dixon Technologies (India), for Rs 4,961 crore via open market transactions. Zurich-based UBS Group AG through its affiliate UBS Principal Capital Asia offloaded shares of seven companies through separate bulk deals on the National Stock Exchange (NSE)….