Shares of Sun Pharma Advanced Research Company (SPARC) surged 11% to Rs 179.5 on the BSE on Wednesday, marking a second consecutive day of gains following a 20% jump in the previous session. The rally comes after a favourable ruling by a U.S. court concerning the Priority Review Voucher (PRV) for SPARC’s drug Sezaby. On…
Promoter pledge holdings went up at the fastest clip in nine stocks in the December ended quarter. IndusInd Bank saw the steepest jump of 5.4% and was followed by Anand Rathi Wealth, Ashok Leyland, Anupam Rasayan, and Laurus Lab at 4.3%, 2.9%, 2.7%, and 2.7%, respectively. Others like GMR Airports, Asian Paints, Medplus Health Services,…
Indian benchmark equity indices marked their longest weekly losing streak since August 2023 on Friday, as a broad-based selloff continued amid persistent foreign investor outflows and disappointing corporate earnings. The NSE Nifty 50 declined 2.7% for the week, while the BSE Sensex fell 2.2%, recording losses for the fourth consecutive week. All sectoral indices logged…