The market opened in red on February 19, 2021, overall volumes in futures & options currently stand at 8,17,16,388 contracts with a turnover of Rs. 80,21,078.07 crore.

On Friday, Firstsource’s company, PatientMatters announced that Mon Health System, which serves communities in West Virginia, has selected the company’s Intelli Advisor Consulting Services.  

Zydus Cadila has received USFDA approval to market Droxidopa capsules, which come in the strength of 100 mg, 200 mg & 300 mg.

In the local economic news, even as the overall consumer inflation for January eased to a 16-month low of 4.09 per cent in January from 4.59 per cent in December, core inflation (a better measure of medium-term inflation), which excludes the effects of volatile food and fuel prices,

Stocks from the consumer food industry were also seen buzzing as Hindustan Foods jumped nearly 10 per cent while Tasty Bite Eatables soared 2.5 per cent.   On the stock options’ front, unusual activity was seen in Tata Chemicals CE strikes.

The market opened in red on February 19, 2021.

The market opened in red on February 19, 2021, overall volumes in futures & options currently stand at 8,17,16,388 contracts with a turnover of Rs. 80,21,078.07 crore.

Oil India: Oil India Limited (OIL) in consortium with Engineers India Limited (EIL) has decided to bid for acquiring a 61.65 per cent stake of Bharat Petroleum Corporation Limited (BPCL) in Numaligarh Refinery Limited (NRL). The bid is to be submitted via a formal process.

The stock-specific action would continue as we are seeing the broader markets outperforming the index. Interestingly, Nifty Small-cap index has a lot to catch-up on as it is still trading nearly 19 per cent away from its all-time high level as against most of the key indices. 

RPP Infra Projects Limited (RPP-SMC JV) has received a letter of acceptance (LoA) for a new project worth Rs 176.58 crore.