The Nifty Pharma index was trading 0.01 per cent up at 13914.3.
As of 30-Sep-2021, promoters held 41.94 per cent stake in the company, while FIIs held 41.41 per cent and domestic institutional investors had 9.41 per cent.
While the tightening global monetary backdrop is a concern for equity markets, the improving corporate earnings scenario and the resilience of retail investors and DIIs are positive, said Dr V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Oil prices rose on Friday as an uprising in Kazakhstan stoked worry that crude supply from the OPEC+ producer could be disrupted at the same time output has dropped in Libya. Brent crude futures climbed 48 cents, or 0.6%, to $82.47 a barrel at 0127 GMT, adding to a 1.5% jump in the previous session.
IndusInd Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 71350.57 Crore).
Shares of Meta Platforms jumped 2.6%, the biggest boost to the S&P 500 and Nasdaq.
In other transactions, Axis Bank continued to dump shares of Orient Green Power Company. Similarly IDBI Trustee also dumped shares of GTL Infra.
The Dow Jones Industrial Average rose 1.94 points, or 0.01 per cent, at the open to 36,409.05.
Prices for all crude grades to Asia drop at least $1/bbl
The company said its net revenue from operations increased 55 per cent to Rs 105.69 crore from Rs 68.08 crore a year ago.
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