Defence Stock: Cochin Shipyard hits 10-month high, defence stocks on fire amid Indo-Pak ceasefire; stock up nearly 60% YTD

Shares of Cochin Shipyard Ltd. surged over 8 per cent in intraday trade on June 6, touching a 10-month high of Rs 2,545 apiece, driven by robust trading volumes and continued investor interest in defence stocks following heightened geopolitical tensions. The defence PSU has gained significant momentum after the Pahalgam terror attack and subsequent military operations,…

Bull run on D-Street: Nifty reclaims 25,000 levels after RBI’s surprise rate cut; Realty top sectoral performer

Indian indices rallied significantly in Friday’s trade after the RBI’s rate cut move to the tune of 50 basis points. At the close, Nifty50 settled above 25,003.05,up 1.02 per cent or 252.15, while the Sensex settled higher by 0.92 per cent or 746.95 at 82,188.99. Meanwhile, the Bank Nifty after RBI’s good enough liquidity push…

Relative Drug Pricing is Bad Medicine

On May 12, President Trump signed an Executive Order aimed at lowering US prescription drug prices. In keeping with his tariff policy, the president was motivated by the price differences — often vast — between identical prescription drugs sold in the US and in the rest of the world. The EO ordered the US Trade…