Lupin Archives - The Gulf Indians https://thegulfindians.com/tag/lupin/ Tue, 15 Sep 2020 10:50:31 +0000 en hourly 1 https://thegulfindians.com/wp-content/uploads/2020/07/fav-100x100.png Lupin Archives - The Gulf Indians https://thegulfindians.com/tag/lupin/ 32 32 Sensex up 287 points https://thegulfindians.com/sensex-up-287-points/ https://thegulfindians.com/sensex-up-287-points/#respond Tue, 15 Sep 2020 10:50:31 +0000 https://www.thegulfindians.com/?p=13402 The BSE benchmark Sensex and Nifty surged on September 15. The stock market was able to make up for the loss of the previous day. The Sensex was up by 287 points and the Nifty by 81 points. The Sensex closed above 39,000 points and the Nifty closed above 11,500. Volatility was as visible as

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]]> The BSE benchmark Sensex and Nifty surged on September 15. The stock market was able to make up for the loss of the previous day. The Sensex was up by 287 points and the Nifty by 81 points.

The Sensex closed above 39,000 points and the Nifty closed above 11,500. Volatility was as visible as in the previous days but at no point in trading did it go down from September 14’s closing level.

The Sensex ended at 39,044 points. The Sensex has surpassed the psychological level of 39,000. The day’s low is 38,753 points. Similarly, the Nifty closed at 11,521 points. It had fallen to 11,442 points at one point but closed above 11,500.

Most of the index-based stocks were profitable on the day. Thirty-one stocks in the Nifty gained while 19 lost. Pharma and bank stocks were the main gainers of the day. IndusInd Bank, UPL, Cipla, Bharti Airtel and Axis Bank are the top five gainers in the Nifty. IndusInd Bank rose 4.27 per cent. Shares of UPL, Cipla, Bharti Airtel, Axis Bank, Sun Pharma, Bajaj Finance and ICICI Bank rose more than 2 per cent.

The Nifty Pharma index was up 1.93 per cent. Shares of Lupin, Aurobindo Pharma, Cipla, Biocon, Torrent Pharma and Sun Pharma rose more than 20 per cent. Similarly, Nifty rose by 1.65 per cent. The major gainers were IndusInd Bank, IDFC First Bank, Axis Bank and ICICI Bank. Shares of smallcap continued to rise on the day.

Titan Industries, Maruti Suzuki, ITC, HDFC Life and Asian Paints were the biggest losers in the Nifty.

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]]> https://thegulfindians.com/sensex-up-287-points/feed/ 0 Stock markets fall for third day in a row https://thegulfindians.com/stock-markets-fall-for-third-day-in-a-row/ https://thegulfindians.com/stock-markets-fall-for-third-day-in-a-row/#respond Fri, 14 Aug 2020 11:50:57 +0000 https://www.thegulfindians.com/?p=11161 The stock market ended lower for the third day in a row. The market, which started gains in the morning, was volatile as it had been the day before. The Sensex, which had risen above 38,500 points, ended at 37,877 points. At the close, Sensex lost 433 points. The Nifty was down 122 points on

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]]> The stock market ended lower for the third day in a row. The market, which started gains in the morning, was volatile as it had been the day before. The Sensex, which had risen above 38,500 points, ended at 37,877 points. At the close, Sensex lost 433 points.

The Nifty was down 122 points on August 14. Nifty closed at 11,178.40. It traded higher at 11,366.25 points, after which it fell by more than 250 points. The Nifty is currently trading at its lowest level of 11,111.45.

Nifty 37 stocks lost ground while 13 stocks gained. The top five gainers were JSW Steel, Coal India, Sun Pharma, Cipla and NTPC. JSW Steel and Coal India gained over 2 per cent.

Eicher Motors, Tata Motors, Mahindra & Mahindra, Axis Bank and Bajaj Finance were the top five losers in the Nifty. Eicher Motors fell more than 7 per cent. Shares of Tata Motors fell 4.80 per cent. Mahindra & Mahindra reported a loss of 3.27 per cent. Axis Bank and Bajaj Finance fell more than two per cent.

Automobile and bank stocks were the main losers on the day. The Nifty Auto Index gained 2.56 per cent. All 14 stocks except Ashok Leyland, which is listed on the Nifty Auto Index, declined.

The Nifty Bank Index ended with a loss of 2.33 per cent. Bank of Baroda, RBL Bank, IDAFC First Bank and Punjab National Bank lost three to four per cent each.

At the same time, metal stocks gained on the day. Metal stocks have been steadily gaining over the past few days. August 14 was also a day of gains for pharma stocks. Lupine was up 8.97 per cent.

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