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Novo Nordisk is gearing up to test the efficacy and safety of its new weekly insulin injection, IcoSema, in India. The company has got a go-ahead from the Drug Controller General of India (DCGI) to conduct phase-III studies for the new drug which is meant to control blood sugar levels in people with type-two diabetes. IcoSema is a combination of insulin and Semaglutide. The company had presented its proposal to conduct clinical trials in April this year.

The real estate sector on a reported basis accounted for more than 50% of the total realizations under IBC (Insolvency and Bankruptcy Code). However, subsequent to release of data by IBBI, a large key case went sub-judice following admission of an appeal before the Hon’ble NCLAT, resulting in the real estate sector accounting for 18.8% of total realizations under IBC. This compares very well to total realizations of 1.2% in the period between its inception in FY17 and September 2022 as indicated in an earlier report, finds a joint report by property consultants ANAROCK and leading law firm Khaitan & Co.

New Delhi: The department of telecommunications (DoT) intends to hold the next spectrum auctions within the ongoing financial year or latest by early next financial year, at the same reserve prices as the 2022 auctions for existing spectrum bands, a senior official said. “The Union cabinet had decided that there has to be auction every year.

₹50,000 tax just on interest income," says Tiwari, who did not want to be identified by her first name. Tiwari then got in touch with a certified financial planner who advised her to invest in mutual funds. “Some other people wanted me to buy savings-linked insurance products but I finally invested in mutual funds, fixed deposits and Kisan Vikas Patra for my daughter’s future," she says.

I am in the process of buying a home. My real estate agent is getting all the paperwork done along with the home loan application. The agent told me that I would also have to buy home loan insurance. I am sceptical about this. Is it necessary to buy home loan insurance? —Name withheld on request While taking a loan, banks and non-banking financial firms generally insist on certain insurances.

The popular 60/40 portfolio isn’t dead, and in fact is a significantly more compelling investment than cash over the coming decade, according to JPMorgan Asset Management.

Daniel Wiener has long been a fan, if a highly critical one, of Vanguard funds.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of MintGenie. We advise investors to check with certified experts before taking any investment decisions."Exciting news! Mint is now on WhatsApp Channels

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Aditya Gaggar, Director of Progressive Shares believes that the earliest signs of recovery in the IT sector would only be visible from Q4FY24 or Q1FY25 onwards. In an interview with Mint, he said one can look at banking, infrastructure, auto, pharma, and chemicals sectors to invest. However, he emphasised that it is more of a stock-specific rather than a sector-driven market.

Relative Strength Index (RSI). In this article, we will delve into what RSI is and why it's a vital tool for assessing stock movements. The Relative Strength Index, or RSI, is a momentum oscillator that measures the speed and change of price movements.

Relative Strength Index (RSI) stands out as a key instrument for evaluating the movement of stocks. In this article, we'll explore RSI's significance and why it's crucial for understanding the dynamics of stock performance. The Relative Strength Index, or RSI, is a momentum oscillator that measures the speed and change of price movements.

technical indicators can be a game-changer for investors. One such powerful indicator is the «Golden Crossover.» In this article, we'll delve into what the Golden Crossover is and why it's a crucial tool for assessing stock movement. The Golden Crossover is a widely recognized bullish technical pattern, particularly favored by traders and analysts for its ability to signal potential buying opportunities.

Multibagger IPO: The initial public offering (IPO) Nirman Agri Genetics is one of the multibagger public issues that Indian stock market has delivered in 2023. This NSE SME issue was launched in March 2023 at a fixed price of ₹99 per equity share. The SME stock listed on NSE SME Emerge platform on 28th March 2023 at a normal premium of ₹3 per equity share.

Rushil Decor rights issue: Shares of Rushil Decor is among the newsmaker stocks on Dalal Street. This small-cap stock with a market cap of around ₹928 crore is soon going to discuss and approve fund raise through rights issue.

YouTube will list credible news sources on a «Watch Page» which it will roll out in the coming months in India, a senior company official said on Thursday. «Today, I am thrilled to introduce 'Watch Page' for news… the Watch Page will recommend videos available from credible sources,» YouTube India, head of government affairs and Public Policy, Mira Chatt said at the Google for India event here. She said that the Watch Page will be rolled out in coming months in India.

There is no dearth of people looking to earn money from the stock market. The Indian stock market is open to both novices and veterans who display their skills in selecting stocks and investing in them. Statistics shared by Motilal Oswal Financial Services in January 2023 reveal how the number of demat accounts went up by 34 per cent by December 2022, a stark increase compared to the number of accounts opened by stock market investors in the previous year.

Escorts Kubota Ltd, part of the tractor segment, has rallied more than 40% in the last 3 months to hit a fresh record high in October and the chart pattern suggests that the rally may not be over yet. Medium-term investors can look to buy the stock on dips for a possible target of 3800-4000 in the next 3 months, suggest experts. The stock rose from Rs 2376 as of July 14, 2023, to Rs 3365 recorded on 16 October 2023 which translates into an upside of over 40% in 3 months. The stock hit a record high of Rs 3435 on 11 October 2023. It witnessed marginal selling pressure, which was in line with muted market sentiment, but the upside remains intact, suggest experts. The stock gave a breakout from a month-long consolidation last week which has opened room for the stock to head towards fresh record highs on the daily charts. “Despite closing at an all-time high, Escorts has provided a positive upward breakout with high volume.

Bajaj Auto jumped over 5% to hit a 52 week high of Rs 5,395 on the NSE on Thursday as the Street cheered BofA's post earnings commentary on the stock and its upward revision of the price target. The domestic brokerages have kept a mixed view on the two-wheeler stock. In the domestic pack, Kotak Institutional Equities recommended a Sell, while Nuvama and Motilal Oswal took a hold and neutral stance, respectively raising concerns on exports outlook.

IndusInd Bank jumped 2.5% to the day's high of Rs 1,456.50 on the NSE on Thursday following strong September quarter earnings posted by the private lender on Wednesday post market hours. The stock was among top Nifty gainers in the early trade riding on the fresh impetus provided by favourable views from top brokerages. Among the ones who came out with their post-earnings review of the stocks were BofA, Kotak Institutional Equities and Nuvama and all of them have a buy view on the counter.