News for Alembic Limited (ALEMBICLTD.NS)

In the Nifty 50 index, 27 stocks were trading in the green, while 23 stocks were trading in the red.

In the Nifty 50 index, 38 stocks ended in the green, while 12 stocks closed in the red in today's trade.

Stocks including IREDA, Tata Motors, HUL, NBCC (India), IndusInd Bank, IRCON International, JM Financial and RITES will be in the spotlight on Tuesday, March 18.

Indian markets closed higher Thursday, with Sensex gaining 115.39 points and Nifty up 50 points, driven by AI optimism, pharma gains, and UltraTech Cement's strong Q3 performance. Analysts anticipate cautious momentum ahead of the 2025 budget.

Stocks including Zomato, Escorts Kubota, RVNL, Cochin Shipyard, Alembic Pharma, RITES, Auro Pharma, HG Infra, CESC and more will be in the spotlight on Monday, November 26.

Buzzing Stocks Today, Stocks that will see action today: November 25, 2024 -Adani Group stocks, Zomato, JSW Steel, Waaree Tech, Cochin Shipyard, Aurobindo Pharma, Alembic, Hero MotoCorp, RVNL, CESC, National Fertilizers, Zaggle Prepaid, HG Infra, Divine Power Energy, VST Industries, Mahindra Life

Stock Market today | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for November 25, 2024.

Mastek secures spot in ISG's Booming 15 for Q3 2024, expanding AI capabilities and focusing on cloud transformation.

Alembic Pharmaceuticals receives USFDA approval for generic Diltiazem Hydrochloride Capsules, boosting market presence and stock value.

Alembic Pharmaceuticals receives FDA approval for Paliperidone Tablets, trading at ₹1,179.95 on NSE, expanding its global presence.

Indian stock markets close lower amid profit-taking and cautious sentiment, with key US data awaited for direction.

BHEL secures Rs 11,000 crore orders, UltraTech raises $500 million, HCL extends partnership, Warburg Pincus exits MedPlus, Medi Assist acquires Paramount.

Alembic Pharmaceuticals announced on Monday that it has received approval from the US Food and Drug Administration to market a generic medication for treating moderate-to-severe scalp psoriasis.

Buzzing stocks, Stocks that will see action today: August 26, 2024: Trent, BEL, BHEL, Divi’s Lab, LTIMindtree, JSW Energy, Dr Reddy’s Lab, Zydus Lifesciences, Zen Tech, Ashoka Buildcon, Alembic Pharma, Nibe, Tranindia Real, Uno Minda, Debock Industries

The NSE Nifty 50 index declined by 0.74% to 24,117, while the S&P BSE Sensex fell by 0.73% to 78,886. The Reserve Bank of India maintained interest rates unchanged for the ninth consecutive meeting. Governor Shaktikanta Das cautioned against complacency despite falling core inflation

The 30-share BSE Sensex pack rallied 1,171 points or 1.46 per cent to trade at 81,211, while the broader NSE Nifty index moved 374 points or 1.53 per cent to trade at 24,780.

Nifty closed 66 points lower, ending above the 24,400 mark and forming a High Wave candle pattern. Analysts indicate a sustainable move above 24,580 is needed to confirm a near-term bottom reversal. The index has broken below the 10-day Exponential Moving Average (EMA) support and is now nearing the 20-day EMA support around 24,270.

According to Rupak De, Senior Technical Analyst at LKP Securities, the Nifty formed a small-bodied candle after a bearish engulfing pattern, hinting at a temporary pause in the market. The Relative Strength Index indicates a potential shift towards bearish sentiment. The 24,550 level is a crucial resistance, with a breakthrough potentially sparking a significant rally.

The Nifty index has broken through the 23,600 resistance level after consolidating for two weeks, setting a new record high. Analysts remain optimistic, with the next target set at 24,000.