Bengaluru, July 11 -- Nifty 50 opened at 25,255.50, down by 99.80 points (-0.39%) from its previous close of 25,355.25. Bank Nifty began the session at 56,843.45, declining 112.55 points (-0.20%) from its prior close of 56,956. Sensex started at 82,820.76, falling 369.52 points (-0.44%) compared to the previous close of 83,190.28. Gift Nifty opened at 25,295.50.

Glenmark Pharma: Its arm IGI Therapeutics SA signed an exclusive global licensing deal with AbbVie for cancer and autoimmune drug ISB 2001, currently in Phase I trials. IGI will receive $700 million upfront and is eligible for up to $1.225 billion in milestone payments. AbbVie gains exclusive rights across North America, Europe, Japan, and Greater China. Zee Entertainment: Shareh...