Positive Start to the Day

Fri, 18 Mar 09:30 am

   Previous Close   

   Pre-Open   

   11:30 am   

   01:30 pm   

   Closing   

Barring Japan, major Asian stock markets have opened the day on a positive note. The stock market in China and Hong Kong are trading higher by 1.9% and 0.7% respectively. Major indices in Europe and US ended their previous session in green. The rupee is trading at 66.88 per US$.

Indian stock markets have opened the day in green. The BSE Sensex is trading higher by 47 points (up 0.2%) and NSE Nifty is trading higher by 17 point (up 0.2%). Both, BSE Mid Cap and BSE Small Cap are trading higher by 0.2% and 0.3% respectively. Major sectoral indices have opened the day in green with stocks from telecommunication and information technology sector are witnessing maximum buying interest.

As per an article in Livemint, Biocon has entered into a deal with Mexico's Laboratories PiSA SA de CV. to make its version of a recombinant human (rh)- insulin. The drug will be launched in the US markets. The demand for generic rh-insulin in US accounts for over 40% of the global market of US$ 5 bn.

According to the deal, Biocon will supply the active ingredient which is the main raw material, while PiSA will make the finished drug at its Mexico's facility.

Further, Biocon will also be solely responsible for the clinical developments, regulatory approvals and sale of the product in the US. Both the companies will share the costs for development of drug and Biocon will also be entitled for some upfront payment. The said drug is expected to enter the US market in 2020. Given stringent regulations in the developed markets, one needs to keep tab on the progress the company makes in development of this drug.

In another news update, Tata Motor's new chief executive and managing director, Mr Butschek stated that he is set to initiate crucial operational changes coupled with brand repositioning to get back the company on track. Further, he intends to make the company leaner and flexible to help it to respond faster to the market changes than it has historically.

Reportedly, the company is keen to gain the ground it lost to rivals like Mahindra & Mahindra and Honda in recent years. In the April-February period the company reported a fall of 4% in domestic car, utility vehicle and multi-purpose vehicle (MPV) sales, even as the industry grew by about 8%. Its share has collapsed to 5.4% compared to 14% reported four years ago. The figures have been low despite the launch of three new products in the preceding six months.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers