
The domestic equity barometers were trading with modest gains in early trade on buying demand in index pivotals. The Nifty traded above the 17,500 level. Metal, IT and PSU bank stocks advanced while media, consumer durables and auto stocks edged lower.


Market drifts higher in early trade, breadth negative

Capital Market Automatic

Dishman Carbogen Amcis announced that its board approved issuance of non-convertible debentures (NCDs) of aggregating up to Rs 100 crore, with a base issue of Rs 50 crore and green shoe option of Rs 50 crore.

Dishman Carbogen board OKs 100-cr NCDs issue

Blue Star Ltd has added 9.06% over last one month compared to 3.06% fall in S&P BSE Consumer Durables index and 1.96% drop in the SENSEX

Blue Star Ltd Slides 1.42%

Mahindra CIE Automotive slumped 7.14% to Rs 365.45 amid large volumes.

Mahindra CIE tumbles on large volumes; holds 200-day SMA

The drug maker announced that the US Food and Drug Administration (USFDA) successfully completed the inspection for its derma facility located at Karakhadi, Gujarat without any observations.

Alembic Pharma says USFDA clears Karakhadi facility

India's largest and only listed wine produce announced that it has taken on record the resignation of its chief financial officer, Bittu Varghese, to explore opportunities outside the company.

Sula Vineyards CFO Bittu Varghese resigns

Adani Green Energy Ltd has lost 0.93% over last one month compared to 4.08% gain in S&P BSE Utilities index and 2.52% drop in the SENSEX

Adani Green Energy Ltd Surges 5%

Godrej Properties said that it has entered into a sale deed to acquire land parcel of approximately 28 acres in Bengaluru to develop a mixed-use project comprising apartments and supporting retail development.

Godrej Properties acquires 28 acre land parcel in Bengaluru for mixed-use project

To supply six Dornier-228 aircraft for the Indian Air Force

Hindustan Aeronautics signs contract for Rs 667 cr with MoD

The US-based Silicon Valley Bank (SVB) is currently under the receivership of the Federal Deposit Insurance Corporation (FDIC).

Nazara Tech step-down subsidiaries hold Rs 64 cr at Silicon Valley Bank


Mahindra & Mahindra (M&M): M&M on Friday announced that the company's total production of automobiles advanced 14.04% to 56,997 units in February 2023 as compared with 49,979 units sold in February 2022. The auto major's total sales rose 9.51% to 56,551 units in February 2023 as against 51,641 units sold in the same period a year ago.


M&M, IndusInd Bank, Lupin, Nazara Technologies in focus

SGX Nifty hints at weak opening on negative global cues

India's Forex Reserves Rise After Four Weeks By  $1.46 Billion


Direct tax collection, net of refunds, were at Rs 13.73 lakh crore, up 16.78% year-on-year. This collection is 96.67% of the total budget estimates and 83.19% of the total revised estimates of direct taxes for FY23.


India's net direct tax collections up 16.8% YoY to Rs 13.73 lakh cr till March 10

The PSU lender increased marginal cost of funds based lending rate (MCLR) with effect from 12 March 2023.

Canara Bank hikes MCLR rates by 10-45 bps

The US Food and Drug Administration (USFDA) conducted good manufacturing practice (GMP) inspection at the company's analytical services division situated at Unit 7, Nacharam, Hyderabad, Telangana.

Shilpa Medicare Telangana facility gets two USFDA observations

Mahindra & Mahindra (M&M) on Friday announced that the company's total production of automobiles advanced 14.04% to 56,997 units in February 2023 as compared with 49,979 units sold in February 2022.

M&M's total production rises 14% YoY in February

Ugro Capital announced that its investment and borrowing committee of the board has allotted 300 units of commercial paper (CP), aggregating to Rs 15 crore.

Ugro Capital board allots CPs worth Rs 15 cr

Trident announced its production update for February 2023 on Friday, 10 March 2023.

Trident bath linen production rises 18% YoY in February

Zydus Lifesciences announced that it has received final approval from the United States Food and Drug Administration (USFDA) to market Olanzapine orally disintegrating tablets.

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