JB Chemicals & Pharmaceuticals have received US FDA ANDA approval for their Midodrine Hydrochloride Tablets USP 2.5 mg, 5 mg and 10 mg. The same would be used for the treatment of orthostatic hypotension.

The country posted Nikkei/IHS Markit Service PMI score of 52.2 for the month of October as against the expansion border of 50.9 in the previous month amid a robust pick-up in the new businesses.

The operator of Dominos Pizza chain, Jubilant Foodworks announced PepsiCo as the new beverage partner for the pizza brand. This partnership is meant to sell PepsiCo beverages viz; Pepsi, Mountain Dew, 7UP, Mirinda along with Lipton Iced Tea across all Dominos outlets. 

GTPL Hathway won order worth Rs. 1,246 crore. Polycab Wires is partnering with the company to complete the project. The stock of GTPL gave a sharp impulse at 14:30 hours ahead of the news after the lethargic movement before the afternoon session.

After two consecutive weekly downbeats, the Indian stock markets kicked-off the week with a spike. The benchmark indices surged 2.2 per cent with Nifty and Sensex gaining 229 and 745 points, respectively from their previous close.

Prices have corrected, making lower tops and lower bottoms from the 2018 top of 86.74 made on October 3. Currently, Brent crude is trading at USD 77.58/barrel. we hold 74.40-74 as the crucial supports provided 75.10 is broken on a closing basis. On the upside, 78 followed by 80.88 will act as major resistance.

The largest digital cinema distribution network and in-cinema advertising platform, UFO Moviez announced the acquisition of Scrabble Digital (SDL) through its wholly-owned subsidiary Scrabble Entertainment (SEL). The stock gave a breakout on Friday’s trade closing 5.5 per cent up.

Equitas Holdings, a microfinance company and Ujjivan Financial Services, an NBFC opened with a gap-down on Friday’s session and plunged more than 30 and 20 per cent, respectively. Investors turned cautious as RBI issued letters to these companies reminding licensing requirements. 

TCS partnered with Intel to further secure Quartz blockchain solutions. TCS will integrate Intel Software Guard Extensions technology using the aforesaid solutions. After consecutive 5 days of fall including Wednesday's session, the stock has recovered and is trading up by 1 per cent gain.

Zydus Wellness is mulling to buy a part of the Indian business of Kraft Heinz Company. The portfolio includes well-known health drink Complan, instant energy drink Glucon D, Nycil talc, and Sampriti clarified butter.