Updates Financial News

Benchmark NSE Nifty closed 0.0 points down at 22302.5 amid in frontline bluechip counters.

Shares of Biocon Ltd.(up 4.06 per cent), Zydus Lifesciences Ltd.(up 2.53 per cent), Ipca Laboratories Ltd.(up 1.79 per cent), Laurus Labs Ltd.(up 1.09 per cent) and Aurobindo Pharma Ltd.(up 1.05 per cent) ended the day as top gainers in the pack.

₹11,000. Deliveries of the vehicle are anticipated to commence later this month. As per the publication, the 2024 Maruti Suzuki Swift will be available in three primary variants: LXi, VXi, and ZXi.

AstraZeneca, after the drugmaker initiated a worldwide withdrawal of its COVID-19 vaccine, while investors awaited the Bank of England's interest rate verdict. By 07:07 GMT, the blue-chip FTSE 100 edged up 0.4% at 8,345.31 to climb another all-time peak. Also Read | ITC, HDFC Bank, Paytm among 300 BSE 500 stocks that are over 10% below their 52-week highs.

London Drugs said Tuesday that all of its stores stores in Western Canada have reopened.The update came more than a week after a cyberattack closed all 79 of its retail locations.Earlier this week the company said it had previously restored core services in 40 stores but pharmacy customers had not been able to fill new prescriptions.Customers are urged to call their local pharmacy or visit the store in person during regular hours to receive help.Canada Post locations within stores are accessible, the Insurance Services Call Centre is open and optical locations were opened on Monday.London Drugs has not revealed any details about the cybersecurity incident that forced the closure of all stores in Western Canada.In a statement, the company said it continues to “methodically work to ensure systems at each store are working and ready to serve the full range of services and products that we know our customers expect, and we thank everyone for their patience.”“We are only turning on systems after we and our external third-party cybersecurity experts have taken all recommended steps to ensure we have full confidence that the systems being used are safe and secure.”The company said it has not seen any evidence that any customer databases were compromised, including pharmacy patients and LDExtras members.

Domestic benchmark index NSE Nifty fell 76.75 points to 22225.75, while the BSE Sensex traded 270.2 points down at 73241.65.

The NSE Nifty index traded 70.8 points down at 22231.7, while BSE Sensex was down 278.28 points at 73233.57 as of 11:10AM(IST)on May 08.

were among the top gainers.

Sandur Manganese & Iron Ores Ltd.(up 3.44%), NMDC Ltd.(up 1.81%), Coal India Ltd.(up 1.07%), Gujarat Mineral Development Corporation Ltd.(up 1.06%), Aro Granite Industries Ltd.(up 0.98%), The Orissa Minerals Development Company Ltd.(up 0.52%) and Pokarna Ltd.(up 0.19%) were among the top gainers.

The NSE Nifty index was trading 84.16 points down at 22218.35, while BSE Sensex was down 327.19 points at 73184.66 at the time of writing this report.

Southern Petrochemicals Industries Corporation Ltd.(up 2.17%), Nagarjuna Fertilizers and Chemicals Ltd.(up 1.95%), Zuari Agro Chemicals Ltd.(up 1.71%), Aries Agro Ltd.(up 1.43%), Chambal Fertilisers & Chemicals Ltd.(up 1.28%), Gujarat State Fertilizer & Chemicals Ltd.(up 1.19%), Sikko Industries Ltd.(up 1.17%), Rashtriya Chemicals & Fertilizers Ltd.(up 1.09%), Agro Phos India Ltd.(up 1.05%) and National Fertilizers Ltd.(up 0.92%) were among the top gainers.

RattanIndia Power Ltd.(up 4.33%), Transformers & Rectifiers(India)Ltd.(up 4.21%), Indowind Energy Ltd.(up 4.04%), PTC India Ltd.(up 3.70%), NLC India Ltd.(up 3.12%), SJVN Ltd.(up 2.53%), Hitachi Energy India Ltd.(up 2.10%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%), Indo Tech Transformers Ltd.(up 1.99%) and Jaiprakash Power Ventures Ltd.(up 1.90%) were among the top gainers.

cardiac arrest after receiving Pfizer's experimental gene therapy being tested in a mid-stage trial for a muscle-wasting disorder called Duchenne muscular dystrophy(DMD), the drugmaker told Reuters on Tuesday. «A fatal serious adverse event was reported as cardiac arrest for a participant in the Phase 2 DAYLIGHT study,» a company spokesperson told Reuters in an emailed response.

SSLC Kerala Board 10th Result 2024 LIVE Updates: The Kerala Board of Public Examinations (KBPE) will declare class 10th results in a press conference today, May 8, at 3 pm. Students can download their scorecard for SSLC Exams 2024 Kerala on its official websites — keralaresults.nic.in, results.kite.kerala.gov.in and pareekshabhavan.kerala.gov.in.

₹52,999. The smartphone runs on Google's own Tensor G3 chipset and comes with 7 years of promised OS updates, Gemini AI integration and a dual camera setup. Google Pixel 8a features a 6.1 inch Full HD+ OLED HDR display with 120Hz refresh rate, a peak brightness of 2,000 nits and Corning Gorilla Glass 3 protection on the front.

Oil prices fell in early Asian trading hours on Wednesday after market sources said that data from the American Petroleum Institute showed an increase in U.S. crude and fuel stockpiles, an indicator of weak demand. Brent crude oil futures fell 21 cents, or 0.3%, to $82.95 a barrel by 0020 GMT. U.S. West Texas Intermediate crude futures fell 13 cents, or 0.2%, to $78.25 a barrel.

Regulatory guidelines prescribe that investors need to add a nominee for all their mutual fund folios. The deadline for this has been extended and folios will be frozen for debits for investors who don’t comply. WHAT IS NOMINATION IN A MUTUAL FUND? Nomination is the process of appointing a person to take care of your assets in the event of your death. Regulatory guidelines make it mandatory for new folios/ accounts opened by an individual as a single owner to make a nomination. In case, investors do not wish to add a nominee, they need to confirm the same in the application form. WHAT IS THE DEADLINE FOR ADDITION OF A NOMINEE? The new deadline is June 30, 2024. Investors need to have a nomination in place for their mutual fund schemes held in their folios or opt out of it by this date. If a nomination is already submitted, then no further action is required from the investor. For investors holding mutual fund units in demat form, the nominee for the demat account applies to the mutual fund holdings as well.

AstraZeneca said on Tuesday it had initiated the worldwide withdrawal of its COVID-19 vaccine due to a "surplus of available updated vaccines" since the pandemic. The company also said it would proceed to withdraw the vaccine Vaxzevria's marketing authorizations within Europe.

₹6.2, marking a substantial 55.38% year-over-year growth, reflecting the company's improved profitability. Despite the positive financial results, Kamdhenu's stock performance has been somewhat mixed.

₹0.53 crore in Q4, a significant turnaround from the loss of ₹0.34 crore in the previous fiscal year's same period. Quarter-on-quarter, the revenue grew by 10.84%, indicating a positive growth trajectory for Rapicut Carbides.

₹1893.21cr. It is noteworthy that Godrej Consumer Products had declared a profit of ₹452.14cr in the previous fiscal year during the same period. However, as compared to the previous quarter, the revenue declined by 7.49%.