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Research Periodic Report Alembic Pharma Gains on USFDA Nod, IRB Infra Rises on ₹9,270 Cr NHAI Project, Groww Parent Hits Upper Circuit

Alembic Pharma Gains on USFDA Nod, IRB Infra Rises on ₹9,270 Cr NHAI Project, Groww Parent Hits Upper Circuit

Written by - Fisdom Research

November 17, 2025 2 minutes

Market Snapshot

  • Indian equities extended gains for the second straight session on November 11, with the Nifty closing near 25,700 amid optimism over progress on the US government funding bill and prospects of a US–India trade deal.
  • The market opened firm tracking positive global cues but slipped into the red during the first half as investors turned cautious following recent geopolitical tensions.
  • Renewed buying in auto, metal, and IT stocks during the afternoon trade helped indices recover losses and finish the day near their highs.
  • Overall, sentiment remained buoyed by improving global risk appetite despite early volatility in the session.

Sectoral Trends

Sector Name % Change Sector Name % Change
NIFTY PSU BANK 1.1 NIFTY CHEMICALS 0.6
NIFTY AUTO 0.9 NIFTY500 HEALTHCARE 0.6
NIFTY CONSUMER DURABLES 0.8 NIFTY REALTY 0.5
NIFTY PRIVATE BANK 0.8 NIFTY HEALTHCARE INDEX 0.4

Top News

  • Alembic Pharmaceuticals’ share rose 2% after receiving final USFDA approval for its Diltiazem Hydrochloride Tablets, therapeutically equivalent to Bausch Health’s Cardizem.
  • IRB Infrastructure’s stock gained over 5% after its private InvIT received a ₹9,270 crore project award from NHAI for the TOT-17 highway bundle.
  • Billionbrains Garage Ventures, Groww’s parent company, surged 20% to a new high as it continued its post-listing rally, reaching a market cap of ₹1.1 lakh crore.

Top Gainers and Losers

Top Gainers % Change Top Losers % Change
ETERNAL 1.9 TMPV -4.7
TATACONSUM 1.8 ULTRACEMCO -0.8
MAXHEALTH 1.7 JIOFIN -0.8

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