The market opened in green on March 09, 2021.

The market opened in green on March 09, 2021, overall volumes in futures & options currently stand at 3,47,98,188 contracts with a turnover of Rs. 34,07,749.28 crore.

The Ahmedabad-based company informed the bourses that it has received a letter of acceptance (LoA) amounting to Rs 1,491.34 crore (exclusive of GST) to construct medical colleges and hospitals at multiple locations in Uttar Pradesh.

JMC Projects (India) Limited has signed an agreement with Fahi Dhiriulhun Corporation Limited (FDC), a state-owned company of the Government of the Republic of the Maldives, for the design, finance and construction of 2,000 social housing units in Hulhumale Island of Maldives.

Navin Fluorine International: The company’s promoter, Vishad P Mafatlal has informed that the company has sold an aggregate of 1,40,000 equity shares for charity and personal reasons. 

On Monday, Nifty witnessed a scintillating start above the 15,000 mark while soon after opening, it extended its move beyond the 15,100 mark. However, selling pressure emerged at higher levels, and thus, Nifty gave up the majority of its gains and finally ended the day with modest gains of 0.12 per cent at 14,956.

The company’s marketing partner BPI will launch Everolimus tablets in the strengths of 2.5 mg, 5 mg, and 7.5 mg in the near term.

With this, the maximum open interest concentration on the put side stands at 15,000 strikes. Hence, this is going to be an important level to watch. On the call side, broad call addition can be seen in Nifty from 15,000 to 15,500 levels.   

Valuations do look expensive but are based on depressed earnings as of now. So, it seems that the market is expecting the recent trend of better-than-expected growth.

The market opened in green on March 08, 2021.