DSIJ Mindshare

The Index of Industrial Production (IIP) has contracted by 0.1%. This was against the consensus growth expectation of 1.2%.

Meanwhile, foreign investors have taken out the net amount of Rs 3,207 crore from the Country's capital market in the first week of May amid US President's decision to impose tariff on USD 200 billion products imported from China. In addition to this, uncertainty over the election result also weighed on the market sentiments.

The company is hoping that this approval would help to further expand its footprints in Latin America. The company’s Unit 1 is currently catering to emerging markets of Latin America and Africa with a variety of dosage forms such as tablets, capsules, softgel capsules, suppositories, liquid orals and topicals.

Ester Industries and a global chemical leader have entered into a long term agreement to supply innovative polybutylene terephthalate polymers.

The stocks that are likely to witness significant movement on the bourses on May 14 are Tata Power, HDFC, Hero MotoCorp, Safari Industries and Nestle.