News for Wockhardt Limited (WOCKPHARMA.NS)

The Nifty Bank index closed 0.3 per cent down at 56459.75.

The Nifty Auto index closed 0.19 per cent up at 23805.2.

Indian markets ended lower on Friday amid US tariff worries, dragging IT and auto stocks. Despite optimism around domestic GDP and FII inflows, Nifty showed weakness. Global cues remained mixed, while select stocks like BSE and Suzlon saw strong activity and interest.

Senores Pharmaceuticals is set to acquire Wockhardt's USFDA-approved ANDA for Topiramate tablets, a medication used for epilepsy and migraine treatment. This acquisition, valued at USD 111.47 million in the US market, will be funded from the proceeds of Senores' December IPO. Despite a strong market debut, the company's shares have since experienced a decline.

Indian stock markets remained shut on Monday for Ambedkar Jayanti. Despite a late rebound on Friday following a 90-day U.S. tariff pause, benchmark indices ended the week 0.3% lower amid global trade uncertainty and cautious investor sentiment.

Metal stocks lead market rally, pharma, realty, IT also positive; Sensex up 2.12%, Nifty up 2.28%, 2402 stocks advance.

Pharmaceutical company Wockhardt won’t face a significant impact of the global turmoil over US tariffs due to its strong business model, according to the company’s founder and chairman, Dr Habil Khorakiwala. In an interview with NDTV Profit, Dr Khorakiwala expressed confidence in the company's business model that focuses on drugs and biologicals. The company’s exposure to the US market is just 5%, and it is planning to exit the generic business in the country soon.

Wockhardt will deepen its novel antibiotics pipeline over the next five years and focus on building a biosimilar business for weight loss and anti-diabetic medicine, as it pivots away from the US generics market

NDTV Profit is all set to host a conclave themed 'Blueprint for Viksit Bharat @2047,' on Tuesday in Mumbai. The event will bring together India's most prominent corporate and political leaders to explore the country's revolutionary roadmap to becoming a developed nation by its centenary.

Domestic benchmarks slumped over 1.5 per cent today but the pain was much deeper in the broader indices (small- and mid-cap stocks) with Nifty Midcap 100 and Nifty Smallcap 100 cracking 3.53 per cent and 3.97 per cent, respectively.

The Nifty IT index was trading 0.67 per cent up at 42596.2.

Trent, Hero MotoCorp, Titan Company, Maruti Suzuki and Britannia were among the top losers on NSE.

The Nifty Bank index was trading 1.1 per cent up at 49753.0.

The Nifty Auto index was trading 0.33 per cent up at 23402.9.

Wockhardt Limited's Zaynich antibiotic shows over 97% efficacy against carbapenem-resistant bacteria, impacting global healthcare positively.

Wipro, Hero MotoCorp, Tech Mahindra, HDFC Bank and ICICI Bank were among the top losers on NSE.

The Nifty Auto index was trading 0.32 per cent at 23939.35.

The Nifty Pharma index was trading 0.84 per cent at 23354.40.

Avonmore Capital, Orient Technologies, Vishal Mega Mart, Shree Global and Wockhardt, hit their fresh 52-week highs at 10:09AM.