Indian stock markets rebounded sharply on Monday, snapping a three-session losing streak with Sensex and Nifty closing significantly higher. Despite volatile trading, value-buying emerged after last week’s selloff. Geopolitical tensions and persistent FII selling continue to influence market sentiment, while the rupee remains near all-time lows.
Biocon shares jump 6% as Mylan likely exits drugmaker after Rs 3,481 crore stake sale
Biocon shares experienced a significant jump of over 6% on Tuesday. Viatris-owned Mylan intends to sell a substantial stake, exiting the Indian drugmaker. This stake