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On Monday, March 23, shares of major Indian pharmaceutical companies, including Sun Pharma, Zydus Lifesciences, Dr Reddy’s Laboratories, and Glenmark Pharmaceuticals, will be closely watched after many companies released generic versions of Semaglutide over the weekend following the patent expiration in India.

Restaurants and eateries would benefit from a 20% increase in piped natural gas supply to commercial enterprises, according to Maharashtra Food and Civil Supplies Minister Chhagan Bhujbal on Sunday.

This week will feature corporate actions for nine stocks, including Castrol India, India Glycols, Vedanta, PFC, and others. These actions will include dividends, bonus issues, and stock splits that these businesses previously announced. Here is a list of these businesses along with the dates of their records.

Vedanta Ltd. has 19.75 lakh small retail shareholders, or those with up to ₹2 lakh in authorised share capital, as of the December quarter. These investors owned 11.2% of the business.

With Japan’s Nikkei falling as much as 3.9%, the MSCI Asia Pacific Index was down 1.2%, taking its March losses to 13%. The Kospi in South Korea fell 4.5%, for a total fall of 12% in March. Australian stocks were on the verge of a correction and had dropped as much as 2%.

GIFT Nifty trades lower, trading at a discount of nearly 340 points from the Nifty Futures Friday close, indicating a gap-down start for the Indian market.

On Monday, March 23, gold prices in international markets remained erratic following bullion’s worst weekly performance in more than 40 years. This is true even if the US-Iran war is now in its fourth week and shows no signs of abating.

The Nifty 50 index started the day 108 points higher and kept rising until around 11:30 am, when it ran into resistance near the previous session’s high and the 5-DEMA at 23,343.

As late-session volatility limited gains, benchmark indices ended Friday slightly higher but considerably below their intraday highs. The Nifty increased 112 points to close at 23,115, while the Sensex increased 326 points to conclude at 74,533.

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