As Bihar election counting commences, Dalal Street braces for volatility, anticipating three scenarios: NDA win, hung assembly, or opposition upset. While a comfortable NDA victory signals policy stability and a mild rally, a closer contest or defeat could trigger short-term swings. However, the broader market trend is expected to remain intact, driven by macro factors.
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