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Amarin Corp - a pharmaceutical company developing and commercializing therapeutics to improve cardiovascular health - recently has been jolted by a court’s ruling. Amarin Corp was founded in 1993 and is headquartered in Dublin, Ireland for the purpose of taxes. Traded at NASDAQ as AMRN.
Benchmark indices ended almost flat after a volatile session on Tuesday. As per provisional closing data, the S&P BSE Sensex fell 8.41 points at 37,973.63. The Nifty 50 index lost 5.15 points at 11,222.25.
IndicesDateChange% ChangeNikkei30-09-2020-82.3-0.35Straits Times30-09-20203.750.15DOW Jones29-09-2020-131.4-0.48Shanghai29-09-20206.830.21Hang Seng29-09-202000Nasdaq29-09-2020-32.25-0.29DAX29-09-2020-45.05-0.35CAC 4029-09-2020-11.2-0.23FTSE29-09-2020-30.43-0.51World Indices today
There were more sellers than buyers. On the BSE, 1178 shares rose and 1436 shares fell.
In corona age, pharma companies have more work to do
The rating agency, Icra, after market hours on Monday, revised its forecast for contraction in GDP for FY21 to -11% from -9.5% as fresh Covid-19 infections remaining elevated at the end of the second quarter. The agency, however, retained its earlier forecast of a 12.4% contraction in GDP in the second quarter.
Notable scrips which declined appreciably:
Radico Khaitan (down 3.9%), Globus Spirits (down 3.28%), Advanced Enzyme (down 3.22%), Dhampur Sugar (down 3.05%), Tata Consumer (down 3%), Kaveri Seed (down 2.46%), ADF Foods (down 2.39%), moneyinvestors.in/amarin-corp/
Source: https://www.flickr.com/photos/165450454@N07/50399124323/
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