Sharpe ratio is the statistical tool measuring risk and return.

Brooks Laboratories Limited, a leading pharmaceutical company announced today that it has inked an agreement with SteriScience Specialities Private Limited, for making a fresh infusion of funds in its subsidiary- Brooks SteriScience Limited (BSL). 

Gensol Engineering Limited, a company engaged in engineering, procurement & construction (EPC), and solar advisory services, announced today that it has received an order from an esteemed client for the development of a grid-connected ground-mounted solar power generation system. 

Mumbai-based Sunteck Realty Ltd saw some disruption in its sales momentum in June quarter due to the second wave of COVID-19. In its operational update, the real estate developer said that it witnessed pre-sales of Rs 176 crore in Q1FY22, down by 53 per cent on a sequential basis. On a year-on-year (YoY) basis, given the low base pre-sales, volumes increased by 74 per cent.  

India's largest airport infrastructure company and a wholly-owned subsidiary of Adani Enterprises, Adani Airport Holdings Ltd (AAHL) announced that it has taken over the management control of Mumbai International Airport Limited (MIAL) from GVK Group, following the board meeting of MIAL this week (on Tuesday).   

Caplin Point Laboratories Limited’s subsidiary, Caplin Steriles Limited has been granted final approval from United States Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) Sumatriptan injection.

Considering that markets are in momentum, many traders opt for a BTST trade, which means 'buy today & sell tomorrow'. We have chalked out a list of stocks from Nifty 500 index, which can be kept on the watchlist for BTST.   

On the options' front, the 15,800 Put option has seen aggressive addition in the open interest (OI) as on Wednesday itself, over 53 lakh shares have been added in the open interest. 

India Grid Trust, which is India’s first power infrastructure investment trust (InvIT) has informed the bourses that it has completed the acquisition of a 100 per cent stake in two solar assets with the cumulative capacity of 100 MW (AC) from Fotowatio Renewable Ventures (FRV) at an enterprise value of approximately Rs 660 crore. 

The market opened in red on July 14, 2021, overall volumes in futures & options currently stand at 4,01,51,185 contracts with a turnover of Rs. 39,11,332.70 crore.