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TOP CORPORATE NEWS – 28 MAR 2017

Dishman rallies as USFDA approves cancer drug Zejula Dishman in focus: USFDA approves Tesaro Inc’s ovarian cancer drug Zejula (market size is $2 bn). Dishman is one of the API supplier to Tesaro – Positive for Dishman; Stock hit an upper circuit of 20% to Rs278.70 on NSE today. Axis Bank up on fund raising

MCX COMMODITY MARKET NEWS UPDATES – 28 MAR 2017

COPPER: Barclays Hikes Price Forecast for Copper in 2017. Barclays Capital revised its forecast for copper prices for 2017, wenhua.com reported. It hiked forecast for copper price from $5,458 per ton to $5,616 per ton for 2017. Overseas Copper Smelting Projects Decrease In recent years, copper refining projects overseas were mostly in 2016. Refining capacity

MCX COMMODITY MARKET NEWS & LEVELS – 28 MAR 2017

Gold Rallies and US Dollar Declines Following Repeal and Replace Vote Failure.   Trading to an intraday high of $1261, gold prices have managed to hold onto the vast majority of gains. As of 330 Eastern standard time gold is trading at $11.20 higher at 1254.10. This net gain is a combination of a weaker

INDIAN EQUITY MARKET OUTLOOK – 28 MAR 2017

Markets open in red; Healthcare stocks plunge Indian Indices: Equity benchmarks saw a higher opening, driven by a rally in the banking stocks and tracking the global cues. Banking stocks Axis Bank, ICICI Bank were among the top gainers on both the indices, while GAIL and ONGC were a drag. After ending Monday on a

Stocks in news today:28 MAR 2017

Nifty has opened positive today and is trading in a positive bias the zone of 8970-9000 is a crucial support area for the Nifty, and as long as this area is defended by the bulls, buy on dips would be a wise thing to do. On the upside, the level of 9110-9120 would be an

TOP CORPORATE NEWS – 27 MAR 2017

Divis Laboratories: Import alert to have limited impact on operations Divis Laboratories: Import alert to have limited impact on operations; maintain Hold, target under review Divi’s management had a concall today to discuss import alert received at Vizag unit II, key highlights of which are mentioned below: Vizag’s Unit-II accounts for nearly 32% of exports

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