Indian shares rebound to jump 3%; banks, pharma stocks rally [Reuters]
Unilever PLC American Depositary Shares (each representing One Ordinary Share) (UL)
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Source: Reuters
Indian shares rebound to jump 3%; banks, pharma stocks rally * Nifty, Sensex slipped 1.5% each in early trade * Pharma stocks surge for a second straight session * Financial shares see sharp recovery By Chandini Monnappa BENGALURU, April 8 (Reuters) - Indian stocks clawed back early losses to jump more than 3% on Wednesday, as hopes of a phased lifting of an ongoing country-wide lockdown aided investor sentiment. Earlier in the session, the NSE Nifty 50 index and the S&P BSE Sensex slipped more than 1.5% each. The Nifty was up 3.4% at 9,098.30, as of 0508 GMT, while the Sensex was up 3.2% at 31,119.25. “Hopes of the lockdown lifting in a staggered way post April 14 is fuelling the markets,” said Amit Kumar Gupta, portfolio manager, Adroit Financial Services. By next week, the India government is expected to lift its 21-day lockdown that has rattled businesses and brought economic activity to a grinding halt. However, with the number of the coronavirus cases on the rise, it is unclear
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UL
Sec Filings
- 1/8/26 - Form 6-K/A
- 1/2/26 - Form 6-K
- 12/15/25 - Form 6-K
- UL's page on the SEC website