Sun Pharma emerged as the star performer and closed 4.03 per cent up at Rs 675.45, while Cipla rallied 1.58 per cent to Rs 592.60.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
However, IT stocks fell on weak growth forecast by Gartner
Financials ended mixed despite the status-quo on key rates by the RBI. SBI, ICICI Bank and Axis Bank ended up 0.4-2.5% each.
The antiviral drug may cost around Rs 55,000 for an 11-dose course, or Rs 5,000 per injection -- much less than the price of imports from Bangladesh, reports Sohini Das.
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
Positive cues from Asian peers also uplifted the sentiment.
The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
The broader markets also ended lower in line with the benchmark indices
Investors booked profits at higher levels with oil shares leading the decline
Asian shares ended higher after a string of positive US economic data.
Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting
Metal shares were the top gainers with Hindalco up over 5%.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
Responding to another question, Choubey said that the phase-I of clinical trials have revealed excellent safety of the two candidate vaccines indigenously developed by Bharat Biotech in collaboration with Indian Council of Medical Research and Cadila Healthcare Ltd, and now their immunogenicity testing is in progress. Their phase II clinical trials are ongoing.
India Inc is ready to diversify into unchartered areas.
The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.
Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
Speaking at CNBC TV 18's business leadership awards event, Sitharaman made it clear that she was not expecting a jump in the number either.
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.
Investment announcement for $100 bn over 5 years likely.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
Markets in green tracking firm global cues.
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
HDFC, ONGC, Maruti Suzuki, HeroMoto Corp and Bajaj Auto gained the most on BSE Sensex
In the Sensex kitty, ITC turned star performer by surging 2.45 per cent, followed by NTPC rising 2.19 per cent.
Pharma major Lupin and mortgage lender HDFC were the top losers.
With inflation down, the government's twin deficits are largely under control.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy. Here are his replies to some of the 'buy, sell, hold, avoid or exit?' e-mails that we have received.
The S&P BSE Sensex dropped 207 points to end at 25,230.
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
Indian CEOs might like to make some serious course correction.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.