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Israeli Prime Minister Benjamin Netanyahu's coalition survived an opposition-backed effort to dissolve parliament on Thursday, as lawmakers rejected a bill that could have paved the way for snap elections. Local media reported Thursday morning however that most ultra-Orthodox lawmakers ultimately agreed not to support the proposal to dissolve the government.
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Nifty Pharma index has moved in tandem with the headline index, with nearly 5% returns in the last month, with stocks gaining by up to 22% in this period. Decoding the charts, Nilesh Jain, Head Vice President, Equity Research, Technical and Derivatives at Centrum Broking, said that the CNX PHARMA index has formed an inverse head & shoulder pattern where the neckline is placed near 22,028 levels. A break above 22,200 will add further bullishness for the 22,500-22,800 level, while support is near 21550. Here are 5 stocks to buy from various brokerages:
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Nuvoco Vistas plans to raise 1,200 crore through CCDs and CCPS in Vadraj Cement to refinance bridge facilities used for the 1,800 crore acquisition. Trust Capital is arranging the fundraising, which involves merging Vanya into Vadraj after the acquisition. The funds will refinance short-term debt through long-term maturity instruments.
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White House confirms President Trump accepted Elon Musk's apology. This follows Musk's regret expressed on X regarding his posts about Trump. Earlier, Vice President Vance and Chief of Staff Wiles spoke with Musk. Republican lawmakers urged Musk to reconcile with Trump. They also sought his support for Trump's domestic policy bill. Allies tried to de-escalate the feud through outreach.
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President Trump indicated a willingness to extend the July 8 deadline for trade talks, contingent on countries negotiating in good faith. Treasury Secretary Scott Bessent echoed this sentiment, suggesting flexibility for ongoing negotiations with nations like South Korea, Japan, and the EU. Trump also mentioned plans to send out final deal offers, signaling a take-it-or-leave-it approach for some countries.
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