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Nifty trades below 25,600 level; IT shares lag

Mumbai, Feb. 6 -- The domestic equity benchmarks traded with modest cuts in the afternoon trade. The Nifty traded below the 25,650 mark. IT, PSU bank and auto shares declined, while FMCG, private bank... Read More


Oil climbs despite Iran-US talks as dollar softens

Mumbai, Feb. 6 -- Crude oil futures rose more than 1% to around $64 per barrel in early Asian trade on Friday, supported by a softer US dollar, even as geopolitical tensions between the US and Iran sh... Read More


Alembic Pharma receives USFDA approval for Parkinsons drug tablets

Mumbai, Feb. 6 -- The approved ANDA is therapeutically equivalent to the reference listed drug (RLD), Stalevo Tablets, manufactured by Orion Corporation. These tablets are indicated for the treatment ... Read More


Economic Buzz: German industrial production down 1.9% in December

Mumbai, Feb. 6 -- Germany's industrial production declined more than expected in December, figures from Destatis showed on Friday. Industrial output decreased 1.9 percent month-on-month in December, ... Read More


Dollar index holds just under two-week high, US equities stay slippery

Mumbai, Feb. 6 -- The US dollar index has eased from around two-week high but losses are being curbed. Currency markets eyed status quo from major central banks like ECB and BOE. Major US indexes tumb... Read More


Patanjali Foods Ltd spurts 0.53%, up for five straight sessions

Mumbai, Feb. 6 -- Patanjali Foods Ltd rose for a fifth straight session today. The stock is quoting at Rs 518.25, up 0.53% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.3... Read More


Tips Music Ltd spurts 0.54%, gains for five straight sessions

Mumbai, Feb. 6 -- Tips Music Ltd rose for a fifth straight session today. The stock is quoting at Rs 561.1, up 0.54% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.39% on ... Read More


ABB India Ltd soars 0.33%, rises for fifth straight session

Mumbai, Feb. 6 -- ABB India Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 5789, up 0.33% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.39% o... Read More


Emami Ltd gains for fifth session

Mumbai, Feb. 6 -- Emami Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 506.2, up 0.58% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.39% on t... Read More


RBI announces policy measures relating to financial inclusion

Mumbai, Feb. 6 -- The Reserve Bank of India (RBI) has come up with a statement on developmental and regulatory policies. Following regulatory policy measures relating to financial inclusion were annou... Read More