Solid quarterly results from Meta Platforms and Amazon.com helped boost the S&P 500 index and the Nasdaq Composite Index over 1%, while the blue-chip Dow Jones Industrial Average’s gain was more muted.
Biocon shares rose after the company secured a 10-year Pertuzumab supply contract in Brazil. The consortium with Bahiafarma and Bionovis received full allocation under the
IFCI shares fell 7% after a sharp recent rally, after the stock rallied nearly 30% in a month amid Sebi’s approval of the NSE IPO.
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