Sun Pharma shares: The company revealed that the FDA classified its Halol facility as “Official Action Indicated” after finding CGMP violations during a June inspection, resulting in an Import Alert that blocks U.S. shipments except for approved exemptions.Read More
Japanese financial giant Sumitomo Mitsui plans to sell its entire 1.65% stake in Kotak Mahindra Bank via a Rs 6,166-crore block deal at a 4% discount to the last close. Analysts see short-term supply pressure but remain positive on the bank’s fundamentals, with Axis Securities maintaining a BUY call and projecting strong credit growth ahead.Read More
Sterling and Wilson shares: The company announced it has secured a ₹415 crore order for a solar power project in Rajasthan, despite its stock hovering near multi-year lows. It received a Letter of Intent (LoI) from a top private Independent Power Producer for a BOS EPC package.Read More
Apple unveiled its iPhone 17 lineup at the “Awe-dropping event,” introducing the slimmer iPhone Air with an A19 Pro chip and in-house modems. Despite a $1 billion tariff hit, Apple kept prices unchanged, raising concerns over margins as shares fell 1.5%.Read More
The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:Read More
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