The department has laid out norms for Qualified Institutional Party (QIP) intending to form a special purpose vehicle after the financial bid as well as companies, limited liability partnerships (LLPs), funds and individuals having stake in the bidding entity

Market cap of the firm rose to Rs 32,863 crore as against Rs 29,358 crore clocked on listing day.

The Rs 6,480-crore IPO (initial public offering) of Chinese-backed drug firm Gland Pharma that closed on November 11, was merely subscribed 2.06 times

India Stock Market Highlights Today: SBI, followed by HCL Tech, Tech Mahindra, Asian Paints, Infosys, Tata Steel, TCS and Reliance Industries were among the top gainers in the Sensex pack. On the other hand, ONGC and Titan were the laggards.

The pharma company will hold a press conference today to give additional details on the IPO, which will make it the biggest IPO from the Indian pharma sector

India Stock Market Highlights Today: Infosys, followed by Sun Pharma, Tech Mahindra, HCL Tech and TCS were among the top gainers on Sensex today. On the other hand, ICICI Bank, Power Grid, Axis Bank, HDFC, and ITC were among the laggards

India Stock Market Highlights Today: HDFC, followed by Axis Bank, Asian Paints, SBI, ICICI Bank, Kotak Bank, IndusInd Bank and HDFC Bank. On the other hand, Sun Pharma, Reliance Industries, Tech Mahindra and Infosys were among the gainers

The brokerage is concerned about patchy monsoon, election season, rising twin deficits, high crude prices, weak INR, slowing Chinese economy, trade wars, etc.  It wonders whether the market will recover at all or whether a bear market is the next phase?