The buying spree precedes the seasonally strong quarters of March and June at a time when the stock has lost over 14% from the peak of ₹1,971.2 seen in early November 2022 making it among the cheapest stocks in the fast-moving consumer goods (FMCG) sector.
US stocks: US market regains ground as bond yields ease; healthcare stocks rally
Major stock indexes recovered on Wednesday after a prior day’s decline. Moderna shares surged significantly following positive cancer therapy trial results. Government bond yields eased