Fri, Jul 9, 2021 9:53 AM
Dwarikesh Sugar Industries to establish a 175 KLPD distillery in Bareilly
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MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4% early Tuesday. The index is down 1.3% so far this month. Australian shares were up 0.03% while the Nikkei stock index slipped 0.28%, cooling a bit after the Japanese benchmark hit a 33-year high on optimism over the U.S. debt deal and a weaker yen. Hong Kong's Hang Seng Index climbed 0.31% while China's CSI300 Index dipped 0.06%.
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The market reported a half-a-per cent gain on May 29, continuing with the up-trend for the third straight session on the back of positive trends in Asian counterparts. The BSE Sensex climbed over 340 points to 62,846. Stocks that were in action included: 👉🏻eClerx Services 👉🏻Mahindra Lifespace Developers 👉🏻Macrotech Developers
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Analysts remained hopeful of Sun Pharma's long-term growth prospects, advising clients to buy the stock but lowered price targets after the pharma major's Q4 revenue beat analysts' expectations but missed estimates at an operating level. Shares declined nearly 2.5% in Monday's trading before recouping most of its losses. The stock eventually closed at ₹968.50, down 0.14% from the previous close.
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