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Glenmark Specialty SA has received US FDA approval for its Fluticasone Propionate inhalation aerosol, securing 180-day competitive generic therapy exclusivity in a market with annual sales of over $520 million.

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Nestle India is tracked by 40 analysts, of which only 13 have a “buy” rating, 10 have a “sell’ rating, and 17 others have a “hold.” On the flip side, majority of the analysts covering both Marico and Godrej Consumer, have a “buy” rating on the stock.

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The shares of Godrej Properties have risen from the lows of the day, while remaining in red, as the market marks a recovery.

The shares of Nalco have surged from the lows and are now trading with gains of 2%.

The shares of the fintech company Paytm have recovered from the lows of the day.

The shares of Patanjali Foods recovered from the lows of the day.

The shares of Swiggy reclaimed the ₹300 per share mark, as the delivery company surged.

The shares of HDFC Bank are on a recovery path, and have rebounded nearly 3% from lows.

The ICICI bank shares are surging with a recovery of over 3% from lows.

The Nifty Bank has also recovered from the lows as markets march toward a recovery.

The Nifty has recovered from the lows of the day as the market looks to undo damages.

The ICICI Prudential Diversified Equity All Cap Active Fund of Funds (FOF), an open-ended plan introduced by ICICI Prudential Mutual Fund, would primarily invest in units of diversified domestic active equity-oriented schemes across market capitalisations.

On Wednesday, March 4, shares of consumer firms Marico Ltd., Godrej Consumer Products Ltd., and Nestle India Ltd. were trading lower as the broking firm Morgan Stanley changed the stocks’ price targets and ratings.

Prashant Khemka, Founder, WhiteOak Capital Group On CNBC-TV18

The shares of Infosys are on the rise even as markets trade low.

The shares of Solar Industries have surged to today’s high.

HDFC Bank is more than 3% off lows; the capital market is almost in the green.

The shares of public-owned RVNL declined to a 52-week low.

MCX recovers in trade, nearly 2% off lows

As the rupee fell precipitously on Wednesday, the Nifty IT index was the sole sectoral indicator in positive territory. On March 4, the local currency fell to a new all-time low of 92.28 versus the US dollar.

As travel and commercial activities in the Middle East are disrupted by the aftermath from the US-Israeli military campaign against Iran, several large technology businesses have changed their operations around the region.

On Wednesday, March 4, Coal India Ltd.’s shares were up more than 2%, despite the company’s February operational performance being mixed. Expectations of higher prices seem to be boosting the stock.

At 13:00 hours, the markets continue to remain in the red.

The Nifty Metal index has fallen by over 4.50%, extending its losses.

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