Hospital stocks fell up to 11% on Friday, witnessing their second successive decline following the Supreme Court’s diktat on cost rationalisation. The biggest loser on an intraday basis was Max Healthcare Institute which hit the day’s low of Rs 706.45 on the NSE. It was followed by Yatharth Hospital & Trauma Care Services which plunged … Read more
After a slow start for the first two days, the initial public offer (IPO) of GPT Healthcare was fully subscribed on the last day of the bidding process. The overall subscription stood at 2 times with all the categories (retail, NII and QIB) getting fully booked. GPT Healthcare IPO GMP In the unlisted market, the … Read more
Equity markets closed higher for the fifth consecutive day on Monday. The 30-share BSE Sensex rose 281 points to settle at 72,708 and the broader Nifty closed at its all-time high of 22,122 points. Stocks that were in focus included names like Novartis India, which rose 15.44%, Global Health, which fell 2.9%, and YES Bank, … Read more
Benchmark indices fell on Monday due to profit booking amid mixed trends in global markets. The 30-share Sensex settled 523 points lower at 71,072 and the broader Nifty also closed 166 points lower at 21,616. Stocks that were in focus included names like Global Health, which rose 6.34%, MCX, which dropped 9.03%, and Apollo Hospitals, … Read more
