📰 Latest Economy & Stock Market News
Defensive stocks prop up European shares
Updated at : 2021-12-28 16:40:01

The pan-European STOXX 600 rose 0.3% as of 0822 GMT after adding 0.6% in the previous session to notch a more than one-month high.

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Market-neutral strategy might click in 2022 as bulls and bears engage in a tug-of-war
Updated at : 2021-12-28 16:35:01

After a few years of super-normal debt market returns (2015-2018), and now one of the best two-year period in a long time for equity markets (2020-2021), it is time to understand what lies in store for us and how can one get the most risk-adjusted returns while handling the market conditions in the best possible way — which in high probability will not be easy.

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Sun Pharma gets DCGI nod to market molnupiravir for COVID-19 treatment
Updated at : 2021-12-28 16:30:02

Earlier this year, the Mumbai-based drug major had signed a non-exclusive voluntary licensing agreement with MSD to manufacture and supply a generic version of molnupiravir in over 100 low and middle-income countries (LMICs) including India.

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Crypto trading platform CoinSwitch says its user base grew 14x in 2021
Updated at : 2021-12-28 16:25:01

“Catering primarily to retail investors, CoinSwitch registered a 3,500 per cent rise in transaction volumes as more Indians started their crypto investing journey as crypto-assets became mainstream worldwide. Most traded crypto assets on our platform include BTC, DOGE, ETH, MATIC and ADA,” said CoinSwitch.

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Stock market update: Nifty Pharma index advances 0.92%
Updated at : 2021-12-28 16:20:01

The Nifty Pharma index closed 0.92 per cent up at 13836.15.

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Adani Transmission shares drop 0.37% as Sensex rises
Updated at : 2021-12-28 15:25:01

A total of 3,910 shares changed hands on the counter till 02:09PM (IST)

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2022 likely to be a decent year; trendline doesn’t point to big correction: Devina Mehra
Updated at : 2021-12-28 15:20:01

“Big market crash happens when one is very far above the trendline; We are still not at the trendline, let alone be very, very high.”

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Share price of Jubilant Food falls as Nifty strengthens
Updated at : 2021-12-28 14:40:01

A total of 7,568 shares changed hands on the counter till 01:29PM (IST).

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Ashok Leyland shares rise 0.28% as Nifty gains
Updated at : 2021-12-28 14:35:01

The stock quoted a 52-week high price of Rs 153.4 and a 52-week low of Rs 93.7.

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Lupin stock price up 0.25 per cent as Sensex climbs
Updated at : 2021-12-28 14:30:02

As of 30-Sep-2021, promoters held 46.54 per cent stake in the company, while FIIs held 15.66 per cent and domestic institutional investors had 13.33 per cent.

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