Equities Preferred By 84% Of Retail Investors: Survey

Mumbai: Most retail investors prefer equities over other asset classes to park funds and play in the market only when they have surplus cash, says a survey. The survey findings indicate that markets watchdog Sebi’s investor awareness campaigns have finally begun to bear fruit, and come amidst the recent rally…

Aurobindo Pharma Jumps Over 8% On US Regulator’s Nod

Aurobindo Pharma shares soared over 8 per cent today after the company received final approval from the US FDA (Food and Drug Administration) to manufacture and market Sevelamer Carbonate tablets. The scrip of the drug firm surged 8.27 per cent to Rs. 794.50 on the Bombay Stock Exchange (BSE). At…

Tobacco Stocks Rebound After Sharp Plunge

New Delhi: Tobacco stocks today bounced back rising by up to 3 per cent on value buying, a day after a sharp plunge in the wake of higher cess. The stock of ITC made a positive opening and gained 2.56 per cent to Rs. 291.90 on the BSE. On the…