Biocon acquires OCRPS of Biocon Biosphere, Biocon Pharma for ₹315 crore
Shares of Biocon Ltd ended at ₹389.90, up by ₹0.15, or 0.038%, on the BSE.
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Newgen Software Technologies’ US subsidiary bags $1.495 million Caribbean contract
Shares of Newgen Software Technologies Ltd ended at ₹488.10, down by ₹21.05, or 4.13%, on the BSE.
Watch | Buy the dip, says Emkay’s Manish Sonthalia; PSU banks, autos & metals in focus
Manish Sonthalia, CIO of Emkay Investment Managers, says geopolitical dips are buying opportunities, as markets typically recover within 6–9 months. He is deploying fresh flows into autos, financials, pharma, consumer durables, power transmission and select defence. He favours PSU banks…
MRPL declares ₹4 interim dividend for FY26; sets March 11 as record date
On Monday (March 2), shares of Mangalore Refinery and Petrochemicals Limited ended at ₹187.95, down by ₹8.70, or 4.42%, on the BSE.
Petronet LNG declares force majeure on LNG shipments amid Strait of Hormuz disruption
On Monday (March 2), shares of Petronet LNG Ltd ended at ₹310.40, down by ₹12.95, or 4.00%, on the BSE.
United Spirits wins CESTAT case, ₹141 crore excise duty and penalty dropped
On Monday (March 2), shares of United Spirits Ltd ended at ₹1,373.25, down by ₹9.95, or 0.72%, on the BSE.
Trade Setup for March 4: Expiry saved Nifty the blushes, but for how long?
Nifty’s gap-down opening on Monday was driven by developments in the Middle East. Analysts say sentiment is likely to remain bearish unless the index sustains above 25,000, while a break below 24,600 could trigger a deeper correction.
Dow Jones tumbles 1100 points as fears of prolonged US-Iran war jolts Wall Street
US stocks fell sharply on March 3 due to renewed airstrikes by American and Israeli jets on Iranian targets. The S&P 500 dropped 1.6%, Dow Jones 2.23%, and Nasdaq 2.2%. Oil prices surged over 8.5%.
JSW Infrastructure reports damage to one tank at Fujairah Terminal after drone debris
On Monday (February 2), shares of JSW Infrastructure Ltd ended at ₹251.35, down by ₹3.50, or 1.37%, on the BSE.
Watch | Higher crude supports upstream oil stocks, downstream outlook weak: Probal Sen
ICICI Securities energy analyst Probal Sen said crude prices around $75 per barrel are unlikely to trigger windfall taxes, supporting upstream companies such as Oil and Natural Gas Corporation (ONGC) and Oil India. However, he expects near-term pressure on downstream…