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Markets are showing signs of a bigger correction as there is no strength in the broader markets
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In early deals, Sensex dropped 150 points or 0.27% to 55,431. NSE Nifty 50 was at 16,545, down 17 points or 0.11%.
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Lupin has received tentative approval from the USFDA for its Abbreviated New Drug Application (ANDA) Brivaracetam Tablets
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Foreign portfolio investors (FPIs) sold shares worth Rs 1,088.32 crore, while DIIs were net buyers to the tune of of Rs 506.21 crore on August 16.
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Santosh Meena of Swastika Investmart is positive on PNC Infratech with a target price of Rs Rs 330
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A panel has has recommended that all private cryptocurrencies, except any virtual currencies issued by state, will be prohibited in India
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BSE Sensex rallied 145.29 points or 0.26% to a new closing high of 55,582.58. It also hit a record intra-day high of 55,680.75.
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Shares of Exxaro Tiles closed at Rs 132.20, at a premium of 10.16% compared with the issue price of Rs 120 per share
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Sensex closed the session 145.29 points or 0.26% higher at record 55,582.58. The 30-share BSE index touched a record intra-day high of 55,680.75.
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The buoyancy in the tax mop-up is attributed to the “overheated market.”