Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red after hitting fresh record highs. Nifty 50 ended at 25,377.55, while Sensex ended at 82,948.23.
Japanese equities rallied in early trading, helped along by fresh weakness in the yen against the dollar. US stock futures advanced after the S&P 500 initially touched a record before closing 0.3% lower, while the Nasdaq fell 0.5%.
West Texas Intermediate declined toward $70 a barrel after losing 0.4% on Wednesday, while Brent closed below $74.
The company will only issue new shares, and existing shareholders will not sell any stake, according to the Draft Red Herring Prospectus (DRHP).
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Kotak Institutional Equities noted that Emcure is one of the few Indian pharmaceutical majors with no direct exposure to the US generics market, which contributes to its earnings stability.
NSE has highlighted in its circular that it will not entertain fresh applications for transfer of shares of the company during the book closure period.
That the US Federal Reserve will cut rates on September 18 is a foregone conclusion. But will it be a 25-basis point or a deeper 50-basis point cut? That’s the million-dollar question waiting to be answered. There are a number…
The Fed’s projections — known as the dot plot — show only a narrow majority favor lowering rates by at least an additional half-point this year.
Brent traded near $74 a barrel after rising almost 3% over the previous two days, with West Texas Intermediate above $71.