Market Live Updates: Sensex up 450 pts, Nifty around 17,750; Metals, Pharma, Realty lag – Moneycontrol

Panacea Biotec Pharma receives ‘Official Action Indicated’ classification on Baddi unit after USFDA inspectionIn an exchange filing, the company informed “Panacea Biotec Pharma has received a communication from the USFDA indicating the inspection classification as Official Action Indicated (OAI). This implies that the USFDA expects further corrective actions.”

Markets at 2 PMSensex is up 459.10 points or 0.78 percent at 59,488.01. Nifty gains 117.40 points or 0.67 percent at 17,741.80

China Data Watch | August retail passeneger vehicle sales up 28.4 percent YoY

Angel One reaches a new milestone for demat accountsFintech company Angel One (formerly known as Angel Broking Limited) added 0.44 million clients to grow its client base to 11.18 million, an 81.9 percent YoY increase, in August 2022. The company also recorded a whopping 117.9 percent growth YoY in its Average Daily Turnover to Rs 12.38 trillion. Company’s overall equity market share stands at 21.5 percent for the month and average client funding stands at Rs 13.72 billion

Lemon Tree Hotels signs licence pact for 64-room hotel in Tamil Nadu

Pennar Industries bags orders worth Rs 511 cr in July & August

European markets updateEuropean markets opened higher on Thursday following a rebound on Wall Street.The pan-European Stoxx 600 was up 0.53 percent shortly after the open. Meanwhile, FTSE and DAX advance 0.4 percent each. Investors are closely monitoring European Central Bank’s latest monetary policy announcement, due today.

Nifty Pharma slips into red. Take a look at the top losers

TVS Motor launches 2022 TVS Apache RTR 160 at an ex-showroom price of Rs 1.17 lakh; Apache RTR 180 at Rs 1.30 lakh

Concor in focusUnion Railways Minister Ashwini Vaishnaw says “If Concor wants to avail the new licence fee, it will have to enter the bidding process.”

Have rapidly ramped up #Russia oil #imports to 12% from 2% odd. Importing oil from Russia is also part of #inflation management. Solutions to handling inflation should be country specific, says Finance Minister @nsitharaman pic.twitter.com/KOscxHQhAI

— CNBC-TV18 (@CNBCTV18Live) September 8, 2022

Schneider Electric hits 52-week highCompany has received approval from its Board of Directors for enhancing the production capacity of vacuum interrupters & vacuum circuit breakers by setting up a manufacturing unit in Kolkata