Global drug spending to reach US$ 1.4 trillion in 2020: IMS

Medicines in 2020 will include a vast array of treatments ranging from those that provide symptom relief available without a prescription to lifesaving genetically personalized therapies unique to a single patient.

An increase in access to healthcare services in emerging markets and rising price of certain medicines for diseases like cancer and diabetes, the global spending on drugs is expected to reach US$ 1.4 trillion in 2020, accounting to IMS Institute for Healthcare Informatics.

The global use of medicines will reach 4.5 trillion doses by 2020 costing $1.4 trillion. The largest pharmaceutical-using countries will be the pharma emerging markets, accounting for two-thirds of the global medicine volumes, mostly comprised of generic medicines and reflecting dramatic increases in utilization of medicines due to broad-based health system expansions.

Medicines in 2020 will include a vast array of treatments ranging from those that provide symptom relief available without a prescription to lifesaving genetically personalized therapies unique to a single patient. 

“Disease treatments in 2020 will be transformed by the increased number and quality of new medicines in clusters of innovation around cancer, Hepatitis C, autoimmune disorders, heart disease and an array of rare diseases,” notes IMS.

By 2020, technology will be enabling more rapid changes to treatment protocols, increasing patient engagement and accountability, shifting patient-provider interaction, and accelerating the adoption of behavior changes that will improve patient adherence to treatments. 

Religare Enterprises to sell 51% stake for Rs. 700 crore; stock down 1%

The money from the divestment will be used to reduce debt at the holding level besides infusing funds in the health insurance and lending businesses

Religare Enterprises Ltd stock is down 1% at Rs.273.The company has entered into binding agreement to sell 51% stake in Religare Invesco Asset Management Co., which manages assets worth 21,594 crore.

The money from the divestment will be used to reduce debt at the holding level besides infusing funds in the health insurance and lending businesses.

The scrip opened at Rs. 275.55 and has touched a high and low of Rs. 280.85 and Rs. 271.9 respectively. So far 7257(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 4942.41 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 411.5 on 04-Mar-2015 and a 52 week low of Rs. 265.6 on 17-Nov-2015. Last one week high and low of the scrip stood at Rs. 280.1 and Rs. 265.6 respectively.

The promoters holding in the company stood at 50.93 % while Institutions and Non-Institutions held 15.86 % and 33.21 % respectively.

The stock is currently trading above its 200 DMA.

Festive push! Hero Motocorp gains 4%

The company said that it's festive season sales crossed 1 million units.

Hero Motocorp's stock was up by 4% at Rs. 2671. The company said its festive season sales crossed 1 million units. 

The scrip opened at Rs. 2609.9 and has touched a high and low of Rs. 2674.45 and Rs. 2607.6 respectively. So far 243037(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 51359.84 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3271.8 on 01-Dec-2014 and a 52 week low of Rs. 2252 on 08-May-2015. Last one week high and low of the scrip stood at Rs. 2664 and Rs. 2556.7 respectively.

The promoters holding in the company stood at 34.64 % while Institutions and Non-Institutions held 52 % and 13.36 % respectively.

The stock is currently trading below its 200 DMA.

TCS partners Intel for IoT solutions; rises 1%

Tata Consultancy Services (TCS) launched a new Center of Excellence (CoE) for Internet of Things (IoT) solutions in collaboration with Intel. The state-of-the-art Center will be located at the TCS Hyderabad Campus.

Tata Consultancy Services (TCS) stock rose 1 %  currently trading at Rs. 2371.9 on BSE after the launch of new Center of Excellence (CoE) for Internet of Things (IoT) solutions in collaboration with Intel. The state-of-the-art Center will be located at the TCS Hyderabad Campus.

The scrip opened at Rs. 2370 and has touched a high and low of Rs. 2381.25 and Rs. 2359.55 respectively. So far 518569(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 460666.65 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2810 on 04-Mar-2015 and a 52 week low of Rs. 2346.95 on 18-Nov-2015. Last one week high and low of the scrip stood at Rs. 2465 and Rs. 2346.95 respectively.

The promoters holding in the company stood at 73.86 % while Institutions and Non-Institutions held 21.62 % and 4.52 % respectively.

The stock is currently trading above its 200 DMA.

Railway stocks in focus; Kalindee Rail, Titagarh Wagons stock surges 7%

Government gives its nod to four rail line projects in Odisha, Andhra Pradesh and Chhattisgarh at a cost of around Rs. 8351 crore.

Railway stocks gained on Thursday after government gives its nod to four rail line projects in Odisha, Andhra Pradesh and Chhattisgarh at a cost of around Rs. 8351 crore. 

Kalindee Rail stock was higher by 7% at Rs. 141, while Titagarh Wagons Ltd gained 7% at Rs. 118.

Cimmco stock also zoomed by 7% at Rs. 74, While Stone India stock was up 4% at Rs.84.

Kalindee Rail Nirman (Engineers) Ltd is currently trading at Rs. 141.6, up by Rs. 8.6 or 6.47% from its previous closing of Rs. 133 on the BSE.

The scrip opened at Rs. 135 and has touched a high and low of Rs. 144.4 and Rs. 134.7 respectively. So far 449412(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 219.58 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 172 on 23-Feb-2015 and a 52 week low of Rs. 98.9 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 133.6 and Rs. 122.1 respectively.

The promoters holding in the company stood at 42.87 % while Institutions and Non-Institutions held 7.01 % and 50.12 % respectively.

The stock is currently trading below its 200 DMA.

Titagarh Wagons Ltd is currently trading at Rs. 118.9, up by Rs. 7.35 or 6.59% from its previous closing of Rs. 111.55 on the BSE.

The scrip opened at Rs. 113 and has touched a high and low of Rs. 119.65 and Rs. 112 respectively. So far 2413868(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1287.11 crore.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 174.6 on 10-Mar-2015 and a 52 week low of Rs. 47.52 on 17-Dec-2014. Last one week high and low of the scrip stood at Rs. 114 and Rs. 105.8 respectively.

The promoters holding in the company stood at 46.11 % while Institutions and Non-Institutions held 25.62 % and 28.27 % respectively.

The stock is currently trading below its 200 DMA.

Cimmco Ltd is currently trading at Rs. 74.5, up by Rs. 5.2 or 7.5% from its previous closing of Rs. 69.3 on the BSE.

The scrip opened at Rs. 71.4 and has touched a high and low of Rs. 75.8 and Rs. 70.05 respectively. So far 31381(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 139.64 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 132.9 on 05-May-2015 and a 52 week low of Rs. 49 on 20-Nov-2014. Last one week high and low of the scrip stood at Rs. 72.8 and Rs. 59.2 respectively.

The promoters holding in the company stood at 74.92 % while Institutions and Non-Institutions held 1.19 % and 23.89 % respectively.

The stock is currently trading below its 200 DMA.

Stone India Ltd is currently trading at Rs. 84.75, up by Rs. 3.85 or 4.76% from its previous closing of Rs. 80.9 on the BSE.

The scrip opened at Rs. 81 and has touched a high and low of Rs. 85.2 and Rs. 81 respectively. So far 61796(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 77.64 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 101 on 20-Feb-2015 and a 52 week low of Rs. 41.1 on 03-Jun-2015. Last one week high and low of the scrip stood at Rs. 85 and Rs. 80.3 respectively.

The promoters holding in the company stood at 44.87 % while Institutions and Non-Institutions held 0.01 % and 55.12 % respectively.

The stock is currently trading below its 50 DMA.

Tata Steel gains 1%; commissions Kalinganagar plant

The steel company has commissioned the first phase (3 mn tonnes per annum) of its 6 MTPA capacity Kalinganagar Steel Plant in Odisha

Tata Steel has gained 1% and is at Rs. 227.50 on BSE. The steel company commissioned the first phase (3 mn tonnes per annum) of its 6 MTPA capacity Kalinganagar Steel Plant in Odisha.The company plans to expand the plant’s capacity to 16 MTPA by 2025 with the cumulative investment amounting to Rs. 1,00,000 crore.

The scrip opened at Rs. 228 and has touched a high and low of Rs. 228.95 and Rs. 225.85 respectively. 

So far 2193578(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 21934.9 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 492.5 on 19-Nov-2014 and a 52 week low of Rs. 200 on 29-Sep-2015. Last one week high and low of the scrip stood at Rs. 235.8 and Rs. 216.85 respectively.

The promoters holding in the company stood at 31.35 % while Institutions and Non-Institutions held 37.73 % and 28.94 % respectively.

The stock is currently trading above its 200 DMA.

Mphasis to decentralise decision making process; investors aren't enthused

The software firm has begun a reorganisation programme to give greater control to delivery managers placed onsite.

Mphasis stock dropped 1% trading at Rs. 507.05 on BSE after the company announced its plan to decentralise decision-making. The software firm has begun a reorganisation programme to give greater control to delivery managers placed onsite.

The scrip opened at Rs. 514.8 and has touched a high and low of Rs. 517.3 and Rs. 504.3 respectively. So far 75798(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 10773.12 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 534 on 29-Oct-2015 and a 52 week low of Rs. 331 on 04-Feb-2015. Last one week high and low of the scrip stood at Rs. 523.45 and Rs. 476 respectively.

The promoters holding in the company stood at 60.48 % while Institutions and Non-Institutions held 28.74 % and 10.78 % respectively.

The stock is currently trading below its 50 DMA.

No disinvestment delight! Coal India stock down 1%

The government approved disinvestment of 10% stake in Coal India Ltd on Wednesday when it announced a string of reform measures.

Coal India stock was down 1% to Rs.330.75. The government approved disinvestment of 10% stake in Coal India Ltd on Wednesday when it announced a string of reform measures. 

The scrip opened at Rs. 335.05 and has touched a high and low of Rs. 336.35 and Rs. 330.25 respectively. So far 1855968(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 211566.48 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 447.25 on 05-Aug-2015 and a 52 week low of Rs. 300.75 on 29-Sep-2015. Last one week high and low of the scrip stood at Rs. 341.4 and Rs. 326.95 respectively.

The promoters holding in the company stood at 79.65 % while Institutions and Non-Institutions held 17.48 % and 2.87 % respectively.

The stock is currently trading above its 200 DMA.

Bank of Japan downgrades Inflation Assessment

The Bank will purchase Japanese government bonds (JGBs) so that their amount outstanding will increase at an annual pace of about 80 trillion yen.

The Bank of Japan will conduct money market operations so that the monetary base will increase at an annual pace of about 80 trillion yen. The Bank will purchase Japanese government bonds (JGBs) so that their amount outstanding will increase at an annual pace of about 80 trillion yen. With a view to encouraging a decline in interest rates across the entire yield curve, the Bank will conduct purchases in a flexible manner in accordance with financial market conditions. The average remaining maturity of the Bank's JGB purchases will be about 7-10 years. The Bank will purchase exchange-traded funds (ETFs) and Japan real estate investment trusts (J-REITs) so that their amounts outstanding will increase at annual paces of about 3 trillion yen and about 90 billion yen respectively. As for CP and corporate bonds, the Bank will maintain their amounts outstanding at about 2.2 trillion yen and about 3.2 trillion yen respectively.

Japan's economy has continued to recover moderately, although exports and production have been affected by the slowdown in emerging economies. Overseas economies -- mainly advanced economies -- have continued to grow at a moderate pace, despite the slowdown in emerging economies. Exports and industrial production have recently been more or less flat, due mainly to the effects of the slowdown in emerging economies. On the domestic demand side, business fixed investment has been on a moderate increasing trend as corporate profits have continued to improve markedly. Against the background of steady improvement in the employment and income situation, private consumption has been resilient and housing investment has been picking up. Public investment has entered a moderate declining trend, although it remains at a high level. Financial conditions are accommodative. On the price front, the year-on-year rate of change in the consumer price index (CPI, all items less fresh food) is about 0 percent. Inflation expectations appear to be rising on the whole from a somewhat longer-term perspective, although some indicators have recently shown relatively weak developments.

With regard to the outlook, Japan's economy is expected to continue recovering moderately. The year-on-year rate of change in the CPI is likely to be about 0 percent for the time being, due to the effects of the decline in energy prices.

Risks to the outlook include developments in the emerging and commodity-exporting economies, the prospects regarding the debt problem and the momentum of economic activity and prices in Europe, and the pace of recovery in the U.S. economy.

Quantitative and qualitative monetary easing (QQE) has been exerting its intended effects, and the Bank will continue with QQE, aiming to achieve the price stability target of 2 percent, as long as it is necessary for maintaining that target in a stable manner. It will examine both upside and downside risks to economic activity and prices, and make adjustments as appropriate.

Lundin Law investigating claims against Dr. Reddy’s about financial performance

The investigation is related to allegations that certain statements issued by Dr. Reddy's were false and misleading concerning the Company's financial performance, says report.

Lundin Law, a Los Angeles-based law firm specializing in securities litigations reportedly said it is investigating claims against Dr. Reddy's Laboratories concerning possible violations of federal securities laws. 

The investigation is related to allegations that certain statements issued by Dr. Reddy's were false and misleading concerning the Company's financial performance, says report.

Lundin Law pointed to the November 6 announcement of Dr. Reddy's related to three warning letters from the US FDA over inadequate quality control procedures at its three units in India. 

Spicejet stock gains 4%; to challenge Competition Commission order

The Company is examining the order and shall be taking such steps, including challenging the order in appropriate forum as may be advised and deemed necessary to defend the Company's position.

Spicejet stock was up by 4% at Rs. 54. The airline announced that this has reference to recent order dated November 17, 2015 of Competition Commission of India imposing penalties on various airlines, including SpiceJet Limited (the “Company”) for alleged concerted action in relation to cargo fuel surcharge. In this regard, we would like to clarify that the investigation conducted by the DG in the matter concluded that the airlines did not indulge in anti-competitive activities.

The Company is examining the order and shall be taking such steps, including challenging the order in appropriate forum as may be advised and deemed necessary to defend the Company's position.

The scrip opened at Rs. 53.25 and has touched a high and low of Rs. 55.5 and Rs. 52.8 respectively. So far 6951798(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3150.11 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 54.4 on 18-Nov-2015 and a 52 week low of Rs. 11.25 on 16-Dec-2014. Last one week high and low of the scrip stood at Rs. 54.4 and Rs. 46.25 respectively.

The promoters holding in the company stood at 60.32 % while Institutions and Non-Institutions held 0.61 % and 39.08 % respectively.

The stock is currently trading below its 50 DMA.

Amtek Auto jumps 4.3% on high volume

The scrip opened at Rs. 46 and has touched a high and low of Rs. 46.5 and Rs. 44.9 respectively.

Amtek Auto has jumped 4.3% to Rs. 44.90 on high volume.  The scrip opened at Rs. 46 and has touched a high and low of Rs. 46.5 and Rs. 44.9 respectively. So far 3164915(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 967.57 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 218.4 on 03-Dec-2014 and a 52 week low of Rs. 25.6 on 04-Sep-2015. Last one week high and low of the scrip stood at Rs. 44.65 and Rs. 42 respectively.

The promoters holding in the company stood at 49.99 % while Institutions and Non-Institutions held 20.93 % and 29.08 % respectively.

The stock is currently trading below its 200 DMA.