SUN Financial News

Gland Pharma(up 3.33 per cent), Dr Reddys Laboratories(up 3.18 per cent), Glaxosmithkline Pharmaceuticals(up 2.29 per cent), Natco Pharma(up 1.73 per cent) and Ipca Laboratories(up 1.56 per cent) were among the top gainers. Divis Laboratories(down 2.01 per cent), Sanofi India(down 0.78 per cent), Cipla(down 0.75 per cent), Abbott India(down 0.32 per cent) and Sun Pharmaceutical Industries(down 0.08 per cent) were the top losers on the index.

By Jason Clemens and Niels Veldhuis

Nagarjuna Fertilizers & Chem(up 10.00%), KRISHANA(up 2.05%), Coromandel International(up 0.94%), Aries Agro(up 0.53%), Fertilizers & Chemicals Tranvancore(up 0.48%), Chambal Fertilisers & Chemicals(up 0.47%), Paradeep Phosphates(up 0.46%), Deepak Fertilizers & Petrochemicals(up 0.18%) and Rashtriya Chemicals & Fertilizers(up 0.04%) stood among the top gainers. National Fertilizer(down 4.78%), Gujarat Narmada Valley Fertilizers (down 2.12%), Madhya Bharat Agro Products(down 1.83%), Rama Phosphates(down 1.70%), Mangalore Chemicals & Fertilizers(down 1.60%), Sikko Industries(down 1.39%), Agro Phos(down 1.31%), Madras Fertlizers(down 1.09%), G S F C(down 0.98%) and Khaitan Chemicals & Fertilizers(down 0.69%) were among the top losers of the day.

Shares of Gland Pharma(up 20.0 per cent), Biocon(up 4.5 per cent), Natco Pharma(up 3.66 per cent), Cipla(up 3.5 per cent) and Laurus(up 2.91 per cent) ended the day as top gainers in the pack. On the other hand, Ipca Laboratories(down 2.12 per cent), Divis Laboratories(down 1.64 per cent), Sun Pharmaceutical Industries(down 1.05 per cent), Abbott India(down 0.79 per cent) and Torrent Pharmaceuticals(down 0.54 per cent) finished as the top losers of the day.

The Nifty 50 index settled 0.13% lower at 19,571, while the S&P BSE Sensex declined 107 points or 0.16% to 65,846. From the Sensex pack, Power Grid, M&M, JSW Steel, Sun Pharma, Nestle and Relaince Industries closed in the red, whereas Tech Mahindra, Wipro, Bajaj Finance, SBI and Bajaj Finserv ended higher.Hero MotoCorp shares closed 4% higher after the 2-wheeler maker firm received more than 25,000 bookings for Harley-Davidson X440. Drug maker Gland Pharma closed with a 20% upper circuit after reporting a 41% rise in June-quarter revenue, aided by the acquisition of French firm Cenexi.

Jailer, starring none other than the legendary Rajinikanth. Directed by the talented Nelson Dilipkumar, this high-octane film is all set to hit screens on August 10 in Tamil, Telugu and Hindi languages, promising a cinematic treat for fans across the globe. Produced by Sun Pictures, Jailer has been generating immense excitement among audiences, both locally and internationally.

Gland Pharma(up 20.0 per cent), Biocon(up 3.23 per cent), Cipla(up 2.57 per cent), Laurus(up 2.0 per cent) and Natco Pharma(up 1.82 per cent) were among the top gainers. Sun Pharmaceutical Industries(down 1.65 per cent), Divis Laboratories(down 1.27 per cent), Aurobindo Pharma(down 0.71 per cent), Torrent Pharmaceuticals(down 0.37 per cent) and Lupin(down 0.29 per cent) were the top losers on the index.

Deven Choksey, MD, KRChoksey Holdings Pvt. Ltd, says “maybe for Coal India, the price in the open options has also fetched a better realisation. To a greater extent, that should also get reflected positively into the company’s numbers.

healthcare companies gathered steam with the Nifty Pharma hitting an all-time high on Monday on account of investor appetite for the so-called defensive investment themes.Analysts said the recent surge in pharma shares is part of a catch-up rally as many of them have not participated in the broader market upmove in recent years. The Nifty Pharma Index jumped 1.56% on Monday to close at 15,479.25 as against the 0.4% advance in the benchmark Nifty.

₹1,892.77 crore. On the other hand, domestic institutional investors (DIIs) remained buyers and purchased shares for ₹1,080.80 crore. As per NSE data, on August 7, FIIs' buy value was at ₹11,709.39 crore and sell value at ₹13,602.16 crore -- resulting in an outflow of ₹1,892.77 crore.

Nifty and Sensex rose slightly on Monday, supported by IT, pharmaceutical, and healthcare stocks, amidst caution in a week that would be driven by a lot of data, including US inflation data and the Reserve Bank of India's monetary policy decision. The Nifty 50 index was up 0.41% at 19,597.30 while the S&P BSE Sensex rose 0.35% to 65,953.48. Among the Nifty sectoral indices, Nifty IT (up 1.13%), Nifty Pharma (up 1.56%), and Nifty Healthcare (up 2.01%).

Meet Me At The Lake by former journalist-turned-author Carley Fortune. Estimated to cost up to a staggering £3 million ( ₹31.5 crore), the love story resonates with echoes of Harry and Meghan's real-life romance, The Sun reported. Themes of childhood trauma, mental health and post-natal depression are interwoven into the narrative, making it a perfect fit for the couple's interests and experiences.

The NSE Nifty index traded 60.5 points up at 19577.5, while BSE Sensex was up 215.28 points at 65936.53 as of 10:34AM(IST)on August 07. In the Nifty index, Mahindra & Mahindra Ltd.(up 3.54 per cent), Divi's Laboratories Ltd.(up 2.74 per cent), Sun Pharmaceutical Industries Ltd.(up 1.54 per cent), Grasim Industries Ltd.(up 1.35 per cent) and Hindalco Industries Ltd.(up 1.16 per cent) were among the top gainers.

K.M.Sugar Mills(up 10.00%), KCP Sugar & Industries(up 3.58%), Mawana Sugars(up 3.03%), Simbhaoli Sugars(up 2.95%), Rana Sugars(up 2.55%), Shree Renuka Sugars(up 2.04%), Dhampur Sugar Mills(up 2.00%), Ponni Sugars(Erode)(up 1.93%), Uttam Sugar Mills(up 1.85%) and Sakthi Sugars(up 1.81%) were among the top gainers. EID Parry(down 1.22%) and Triveni Engineering & Industries(down 0.54%) were among the top losers.

Benchmark NSE Nifty index rose 60.0 points to 19577.0 amid buying in frontline bluechip stocks. However, stocks such as SITI Networks, Synoptics Technologi, BKM Industries, SMVD Poly Pack and Godha Cabcon & Insul, touched their fresh 52-week low.

Day trading guide for today: Following weak global cues, Indian stock market remained under sell off heat from Tuesday to Thursday last week. However, Dalal Street witnessed decent recovery on Friday as key benchmark indices rebounded from their respective key support levels. NSE Nifty added 135 points and closed at 19,517 levels, BSE Sensex went up 480 points and finished at 65,721 mark whereas Bank Nifty index shot up 366 points and ended at 44,879 levels.

Nation remembers Nobel laureate Rabindranath Tagore as a profound thinker and a versatile author known for striking a chord in Indians mind with his poems, songs, short stories, novels, plays, and even paintings. His quotes and paintings continues to guide the young population of India.

TD Power Systems must disclose all the facts regarding the case filed by a group led by Vijay Kirloskar of Kirloskar Electric Company against promoters, including Mohib Khericha and Nikhil Kumar among others in the Karnataka High Court, to shareholders before the Annual General Meeting on August 9. Kirloskar founded TD Power in 1999. On June 30, promoters and promoter groups, including Khericha, Kumar, Chartered Capital, Saphire Finman Services LLP, and Hitoshi Matsuo, sold around 37.8 million shares representing 24.21% of TD Power in the open market.

Prince Harry and Meghan Markle, the Duke and Duchess of Sussex, have stepped into the realm of film production, reportedly purchasing the screen rights for a well-received romantic novel. According to the UK's The Sun newspaper, Harry and Meghan are set to produce a film adaptation of a book written by a Canadian author. The story shares noticeable similarities with their own experiences.

Nuh district Sunday razed some illegal structures including a hotel from where stones were allegedly pelted on a religious procession last week, even as a mahapanchayat was held in support of four men arrested over arson at a mosque and the death of its junior imam. Sunday was the fourth day of demolition drive after the communal flare-up in the district, with Deputy Commissioner Dhirender Khadgata saying a total of 162 illegally built permanent and 591 makeshift structures were razed and 57.5 acre land across 37 sites made encroachment-free.TMC leader and Rajya Sabha MP Saket Gokhale and some others, however, questioned the demolition drive alleging it targeted only a particular community.

Tata Chemicals, Emami, Max Healthcare, PB Fintech, Gland Pharma, Whirlpool, Eris Lifesciences, Indigo Paints, Sun Pharma Advanced Research Company, Poly Medicure, The Ramco Cements etc. On Tuesday, the companies which will announce their April-June quarter results include Adani Ports, Coal India, Hindalco Industries, Oil India, Birla Corporation, Siemens, Star Cement, Ideaforge Technology, Dish TV India, India Tourism Development Corporation, Artemis Medicare Services, Phoenix Mills Wednesday is again going to be a busy day as more than 100 companies will release their earnings which include Tata Power, Berger Paints India, IRCTC, Bharat Forge, Zee Entertainment Enterprises, Bata India, Natco Pharma, BSE Limited, Reliance Power, Hinduja Global Solutions, Bajaj Consumer Care, CARE Ratings etc.