The mineable reserve block is 1,091 million metric tonnes, which is to be exploited for a period of 25 years at a peak rated capacity of 50 million tonnes per annum.

On the volumes’ front, the company reported the highest-ever quarterly sales volume in Q2FY21. Besides, it registered a significant jump of 60.71 per cent QoQ to 61,224 MT in Q2FY21 vs 38,096 in Q1FY21.

Biocon Ltd announced that the board of its subsidiary, Biocon Biologics Ltd has approved a capital injection of Rs 1,125 crore from Goldman Sachs on Saturday. Under the terms of the agreement, Goldman Sachs will be issued optionally convertible debentures at a post-money equity valuation of USD 3.94 billion.

The market opened in green on November 09, 2020.

The market opened in green on November 09, 2020, overall volumes in futures & options currently stand at 1,90,93,884 contracts with a turnover of Rs. 14,51,060.02 crore.

The market opened in green on November 09, 2020, overall volumes in futures & options currently stand at 1,90,93,884 contracts with a turnover of Rs. 14,51,060.02 crore.

Gland Pharma, a pharmaceutical company focussed on generic injectables, is hitting the primary capital market with its IPO today. Read on to find out if you should subscribe to the issue.

Adani Group announced a strategic collaboration with Italy-based Snam, Europe’s leading gas infrastructure company, on Friday.

On Monday, the bull’s buying spree is showing no signs of abating as the early trends in SGX Nifty suggest that Nifty may open around its all-time high as it is trading up by 1.30 per cent at 12,424.50 levels. Certainly with the festive season i.e. Diwali being around the corner, the bulls are beaming with joy & celebrating with fireworks.

So, all the factors like the flag measure move target, all-time high levels, and the move away from its 20-DMA are indicating that we might move a per cent or two from here on, and then, we may consolidate. Interestingly, after trading above the long-term moving average i.e. 200-DMA for 79 days, the long-term moving average finally turned up, which is a positive sign. Further, Nifty outperformed Dow as Dollar has weakened.