Indian markets are influenced by both global factors, like China’s economic policies and currency devaluation, and domestic concerns like subdued earnings and fiscal spending uncertainties. The upcoming budget is critical. Historically, market dips before the budget signal negative sentiment, but this could change based on government spending plans and policies.
Biocon buys back an investor stake in biologics unit, posts Rs 25 crore net profit in Q3FY25
Biocon’s board has approved the acquisition of 1.5% equity in Biocon Biologics for Rs 550 crore, increasing its stake to 90.2%. The deal is expected
January 30, 2025