News for Pfizer Limited (PFIZER.BO)

Large Indian drug manufacturers experienced relief as President Trump's administration decided against imposing expected reciprocal tariffs on pharmaceuticals, which could have significantly impacted their earnings. Analysts deem future tariffs unlikely due to potential drug shortages and the influence of major pharma companies investing in the US.

Benchmark BSE Sensex and Nifty declined amidst selling in key stocks like HDFC Bank and Reliance Industries. RIL fell 2%, Polycab gained 3.4%, and Pfizer India dropped 9%. Analysts suggest monitoring Polycab around Rs 4,500, RIL requiring a move above Rs 1,200 to signal recovery, and Angel One demonstrating persistent selling pressure with a support around Rs 1,750.

Benchmark BSE Sensex rebounded 147 points, breaking its five-day decline with gains in financial and FMCG shares. Key stocks: M&M rose by 2%, Federal Bank fell by 1.7%, and Pfizer India decreased by 1.2%. Analysts recommend buying M&M and Federal Bank at dips due to their long-term prospects, while Pfizer India offers promising upside.

Top Nifty 50 gainers: Dr Reddy’s, Mahindra & Mahindra, Eicher Motors, Nestle India, Tata Consumer; IT stocks lagged.

Pfizer shares surged 8.6% to Rs 4,448.35 after announcing a marketing and supply agreement with Mylan Pharmaceuticals for Ativan and Pacitane. The five-year deal aims to enhance distribution and in-clinic presence. Despite the jump, Pfizer's stock has declined 18.29% YTD.

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 200 points on Tuesday. The Dow traded up 0.17% to 44,499.60 while...

Indian frontline indices broke their two-sessions losing streak on Tuesday after assurances poured-in from various quarters including the government that the Human Metapneumovirus (HMPV) was not lethal and unlike the Covid-19 virus.Banks and energy stocks helped the markets sail through. While the S&P BSE Sensex settled at 78,199.11, up by 234.12 points or 0.30%, the broader Nifty closed at 23,707.90, higher by 91.85 points or 0.39%.Commenting on the day's action, Jatin Gedia, Technical Research Analyst at Mirae Asset Sharekhan said that he sees Nifty consolidating within the range of the previous trading session on the daily charts. It is making the extremes of the penultimate candle, crucial levels to watch out for in the short term i.e. 24,100 – 23,550.

U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling more than 100 points on Tuesday. The Dow traded down 0.26% to 42,461.52 wh...

U.S. stocks traded slightly lower midway through trading, with the Nasdaq Composite falling around 50 points on Tuesday. The Dow traded down 0.05% to 42,554.24...

U.S. stocks traded higher this morning, with the Dow Jones index gaining around 0.2% on Tuesday. Following the market opening Tuesday, the Dow traded up 0.19% ...

Indian markets declined on Monday, with selling pressure in banks and auto stocks. Subdued trading volumes and FII outflows weighed on sentiment. A strengthening dollar and high valuations also impacted the market. IT and pharma sectors outperformed.

In the Nifty 50 index, 11 stocks ended in the green, while 39 stocks closed in the red in today's trade.

HCL Technologies, Bharat Electronics, LTI Mindtree, Siemens, and Sun TV Network are the top five companies with the largest estimated excess cash reserves, said the report. The IiAS assessment, drawn from FY24 financial statements, also accounts for acquisitions and announced capital expenditures after the balance sheet date.

Indian markets tumbled on Friday, mirroring global anxieties over the US Federal Reserve's projected slower rate cuts. Heavy selling in financial and IT stocks pushed the Sensex down 1.5% and Nifty 1.52%, as foreign funds flowed out. European markets also declined, while US stocks rebounded slightly after a positive inflation report.

Pfizer India expanding R&D, manufacturing, and adult vaccination initiatives, showcasing commitment to the country's healthcare sector.

U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Tuesday. The Dow traded down 0.07% to 42,357...

The northward movement in the rally follows the announcement of a whopping 350 per cent dividend, or Rs 35 per share, for FY24

Ola Electric, L&T, PNB Housing, NHPC, Exide Industries, Petronet LNG, Cyient DLM and more may remain under the spotlight before the opening bell on Wednesday, August 21.

Indian equity indices ended Monday with mixed results. Gain in energy and metals stocks balanced by profit booking in financials left the Nifty 50 index slightly up and Sensex nearly unchanged. Analysts forecasted range-bound movement, noting crucial support and resistance levels.