Nifty ended with weekly gains of 2.3% led by IT stocks. PSU Banks outperformed other sectors. Markets will reopen after a holiday week and react to major domestic and global events. RBI will announce monetary policy decisions. US markets closed with strong gains, influencing Indian markets. Several companies will announce Q3FY2024 earnings. Rupee remained flat against the dollar. Corporate actions include ex-dates and record dates for interim dividends. Technical factors and FII/DII action will also impact the market.
Biocon shares rise 2% on 10-year Pertuzumab supply deal for breast cancer therapy in Brazil
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