The recent up-move has mainly been a short covering-led rally, facing resistance near 17,429 levels, where the gap zone is placed. We will be cautious going into the new week as US unemployment rate numbers last Friday increases prospects of aggressive tightening.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO