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Shilpa Medicare receives approval for Amifampridine Tablets; stock rises

Shilpa Medicare receives approval for Amifampridine Tablets; stock rises
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sensex today: Sensex, Nifty open flat after sticky US inflation data; Fed in focus

Inflation concerns in the US re-emerged after data showed the Consumer Price Index (CPI) unexpectedly inched higher in November month-on-month, but edged lower on an annual basis. The data bolstered expectations that the Fed will not pivot to rate cuts early next year.

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Stocks in news: Axis Bank, Mankind Pharma, Bank of Baroda, Laurus Labs, Wipro

Mauritius-based Beige Ltd has sold partial stake in Mankind Pharma through bulk deals on Tuesday. The investors have sold about 1.44 crore shares or 3.6% stake at Rs 1,832 apiece, taking the deal value to Rs 2,640 crore.

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