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This is the fourth straight day of gains for shares of Transformers & Rectifiers, which have now turned positive on a year-to-date basis.

According to Biocon’s exchange filing, the two companies executed the patent settlement agreement to resolve all pending disputes between them, including in the US, Canada and other jurisdictions.

UBS India Research’s Pramod Kumar expects strong festive demand but warns that rising commodity costs could weigh on auto margins. The brokerage prefers two-wheelers and commercial vehicles over passenger cars.

Blackstone President Jon Gray stated that foreign investors are likely to return to Indian markets in search of growth, driven by India’s strong GDP growth exceeding 7% and solid corporate earnings.

19 analysts have coverage on Tata Elxsi, of which seven have a “buy” rating, three say “hold”, and nine have a “sell” recommendation on the stock, with the consensus estimate of price targets implying an upside potential of only 2%.

Bavaguthu Raghuram Shetty, founder of NMC Healthcare and UAE Exchange, has sued Bank of Baroda and 25 other defendants in the Bombay High Court, seeking $15 billion in damages. Shetty alleges that the bank was involved in fraud that contributed…

Paul Tudor Jones is also long on oil, which is another headwind for the market, according to him. He expects prices to rise another $20 to $25 a barrel after the midterm elections, a scenario that the stock market will…

Of the 34 analysts that have coverage on the Zydus Life stock, 19 have a “buy” rating, nine have a “hold” rating and six have “sell” recommendation.

BlackRock has reset its view on a long-term portfolio “mainstay”.

MSCI Asia Pacific gains 0.2% after a two-session slide, while investors track US inflation data, China stimulus prospects, bank earnings and rising oil prices.