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Johnson & Johnson on Tuesday reported quarterly results just above Wall Street expectations, helped by strong sales of its blockbuster psoriasis drug Stelara, which is expected to face fresh U.S. competition from biosimilar versions next year.

The Dow Jones Industrial Average fell 42.02 points, or 0.11%, at the open to 37,959.79.

While Goldman Sachs has invested about Rs 72 crore for 15 lakh shares, Nomura India Stock Mother Fund has picked up 5 lakh shares for about Rs 23 crore through bulk deals.

Glenmark Life Sciences on Tuesday said its net profit increased 13 per cent to Rs 119 crore for the third quarter ended December 2023. The company had reported a net profit of Rs 105 crore in October-December period of the last fiscal.

5 sectors that saw highest selling from FIIs in the first half of January

Zee saw massive selling pressure after the brokerages downgraded the media stock following a painful end to an overstretched drama surrounding the $10 billion merger with Sony.

The fall in the Nifty Bank index was led by losses in IDFC First Bank, IndusInd Bank, Bank of Baroda, and SBI while some buying was seen in ICICI Bank post Q3 results.

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