Invest With Tribe

Share this post

Cipla (+4%), Adani Ports (-3%) & more

blog.investwithtribe.com

Cipla (+4%), Adani Ports (-3%) & more

Tribe Daily

Tribe Wealth
Dec 21, 2022
1
1
Share this post

Cipla (+4%), Adani Ports (-3%) & more

blog.investwithtribe.com

Market Summary

Nifty declined due to growth concerns and Covid-19, Nifty Oil & Gas, Power and Realty top losers.


Companies

Apollo Hospital (+3%) rose after the hospital signed an agreement for the management and operation of Ispat Post Graduate and Super Speciality Hospital. Divis Labs (+5%) and Cipla (+4%) rose due to renewed Covid-19 fears.


Sectors

Nifty Healthcare Index (+3%) rose due to strong performance of Dr Lal Path Labs, Lupin, Biocon and Aurobindo Pharma. Nifty Media (-3%) declined due to poor performance of Dish TV, Network 18, DB Corp and PVR. Nifty Metal (-2%) declined due to poor performance of MOIL, Vedanta, APL Apollo and Welspun Corp.


News of The Day

1.​​ India's largest online grocer Big Basket may list its share by 2025. (Economic Times)

2.Glenmark Pharmaceuticals (+8%) rose after the company launched 3-drug FDC for type 2 diabetes in India. (Economic Times)

3.Maruti Suzuki (-2%) declined after the GST council announced a single definition of SUV ( Sports Utility Vehicles) across all states. (Business Standard)

4.Infosys (+1%) rose after the company secured a place on the A list for corporate transparency and performance on climate change. (Business Standard)

5.Axis Group forays into the pension business.  (Mint)


Market Sentiment


Expert of The Day

Follow Him on Invest With Tribe


Latest Blog:

$300 Bn Electronic Manufacturing Sector by 2026!


Articles You Like to Read

Global economy to see the impact of policy actions next year: RBI. (Source:Mint)

India’s rise to depend on GDP, per capita income and fiscal management: Uday Kotak. (Source:Mint)

How to boost India’s manufacturing sector. (Source: Money Control)


Latest on our Social:

Click to see the full post


Follow our Socials

Looking for fantastic content on the stock market, trading and investing?

Follow us on Twitter, Instagram, Reddit, LinkedIn & YouTube

1
Share this post

Cipla (+4%), Adani Ports (-3%) & more

blog.investwithtribe.com
1 Comment
author
Tribe Wealth
Dec 21, 2022Author

Very informative Newsletter

Expand full comment
ReplyCollapse
TopNewCommunity

No posts

Ready for more?

© 2023 Tribe Wealth
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing