Nity on Tuesday ended 140 points lower to form a long negative candle pattern with a minor lower shadow on the daily chart and found support around the 50-day exponential moving average at 22,240 levels.
Ranjit Shahani, was an influential figure in Indian pharma,and former President of OPPI. With a mechanical engineering degree from IIT Kanpur and an MBA from JBIMS Bombay, Shahani held notable positions at ICI and Roche Products before joining Novartis in 1997.
India Business News: Pharma giant Novartis AG is conducting a strategic review of Novartis India, including its shareholding in the BSE listed company. The review's outcom
Q2 results 2023 news: Apart from the Dussehra stock market holiday, widely tracked companies such as Reliance Industries and Maruti Suzuki will declare their earnings this week.
Recovering from steep correction in the previous session, benchmark indices sharply on Friday amid strength in Asian markets and US equity futures. The BSE Sensex rose over 1,200 points and was seen testing the 54,000-mark, while the NSE Nifty 50 index climbed nearly 400 points and was within striking distance of 16,200 level.
The BSE Sensex and the NSE Nifty are expected to start the week on a bearish note as the escalating situation in Ukraine continues to roil global equities.
The market hit fresh record high during the session, but continued to see rangebound action with volatility for fourth consecutive day and closed moderately hig...