Eli Lilly shares jump nearly 6% after USFDA approves weight-loss pill

Eli Lilly shares jump after FDA approves weight loss pill Foundayo, boosting its obesity franchise and rivalry with Novo Nordisk, with aggressive pricing expected to drive uptake

Eli Lilly shares jump after FDA approves weight loss pill Foundayo, boosting its obesity franchise and rivalry with Novo Nordisk, with aggressive pricing expected to drive uptake

The acquisition falls under the purview of related party transactions and the requisite approval of the audit committee has been obtained in this regard, Lupin said. The proposed acquisition will be done on an arms-length basis, it said.

Stock Market Live Updates: The Nifty did recover on Wednesday but could not sustain at higher levels. Oil prices still hover around the $100 a barrel mark. 23,000 remains the key for the index, while holding 51,000 will be key…

Shares in Japan and South Korea opened lower, resulting in the broader MSCI Asia Pacific Index going up 0.5%.

While CASA trends remained mixed, most banks saw sequential improvement in the March quarter. Here’s the list:

Brent crude prices reveresed losses and were at $103 after it had declined 1.8% to $99.37 a barrel post falling 2.7% on Wednesday.

Both JPMorgan and Goldman Sachs believe that the two-day rally has more to do with unwinding of negative positions in the market than a shift in sentiment regarding the war, while UBS said that it remains confident of the market…

Its not just the bearish bets, even the bullish funds have drawn record money. The United States Oil Fund (USO) attracted flows worth nearly $700 million in March, the most since the pandemic, while the United States Brent Oil Fund…

Shares of South Indian Bank rose nearly 6% to settle at ₹36.20 on Wednesday. The scrip has corrected 4.5% so far this year, while the one-year return is 53%.

From Indian Oil Corporation reporting a strong operational performance for FY26 to Lupin, whose arm will acquire a 43.38% stake in Multicare Pharmaceuticals Philippines, here are some stocks to watch ahead of Thursday’s trading session.