22, June, 2025

Market Highlights


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April 10, 2025

  • GIFT NIFTY UP 780 PTS OR 3.5 %
  • Trump: I put a pause because people were jumping out of line.
  • I have reversed tariffs for a short period of time.
  • Trump: Nothing's over yet.
  • Trump: China wants to make a deal, but doesn't know how to go about it. China’s President Xi is a proud man. China is in the process of figuring it out.
  • Trump: We have many other countries wanting to come here
  • Trump reiterates 90-day pause on non-retaliating countries.
  • A deal could be struck with China.
  • A deal could be made with everyone, will be fair deals for everyone.
  • Trump: I was watching the bond market.
  • Trump, asked on EU deal: A deal could be made with everyone, will be fair deals for everyone.
  • BIOCON: Biocon Biologics Gets U.S. FDA Approval for Jobevne™
  • Biocon Biologics, a subsidiary of Biocon Ltd, announced U.S. FDA approval for Jobevne™ (bevacizumab-nwgd), a biosimilar to Avastin®, expanding its oncology portfolio in the U.S. This marks Biocon’s seventh biosimilar approved in the U.S. and follows approvals in Europe and Canada under the name ABEVMY. Jobevne™ is used to treat various cancers by inhibiting VEGF and preventing blood supply to tumors.
  • The approval was based on data confirming Jobevne’s similarity to Avastin in safety, efficacy, and other parameters.
  • Biocon Biologics now serves over 5 million patients annually with a growing portfolio of biosimilars across global markets.
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  • NSE, BSE remain closed on April 10 for Mahavir Jayanti
  • GIFT NIFTY + 760 PTS OR 3.39 %
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  • TIMKEN INDIA ; Update on Bharuch Plant
  • Formal inauguration of the Bharuch new plant was done Yesterday.
  • It may please be noted that commencement of commercial production will be informed separately which is expected to start in present quarter i.e Q1 2025-26.
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Panchkarma