With this partnership, Dr Reddy’s Laboratories can identify and use some of BIRAC’s clinical trial centres for the vaccine, which are funded under National Biopharma Mission (NBM) at BIRAC.

On Thursday, the domestic benchmark indices closed in the red. The markets remained volatile during today’s trading session as Sensex closed down by 172.61 points or 0.43 per cent to settle at 39,749.85 levels while Nifty ended the session down by 58.80 points or 0.50 per cent to close at 11,670.80 levels.

Pharma major, Cipla Limited, informed the bourses on Thursday that it was commercialising antibody detection kits for COVID-19 in India under the technology transfer from Indian Council of Medical Research (ICMR) in partnership with Karwa Limited.

The market opened in red on October 29, 2020.

The market opened in red on October 29, 2020, overall volumes in futures & options currently stand at 3,99,16,061 contracts with a turnover of Rs. 29,01,390.28 crore.

The market opened in red on October 29, 2020, overall volumes in futures & options currently stand at 3,99,16,061 contracts with a turnover of Rs. 29,01,390.28 crore.

Hero MotoCorp announced its results for the second quarter of FY2021, reporting a 9.05 per cent rise in the consolidated net profit to Rs 953 crore for the September quarter on the back of robust sales, signalling a gradual revival from the negative impact of the global pandemic.

Titan Company Limited reported its Q2FY21 results on Wednesday. The main revenue contributor of the company is its jewellery segment. Hence, the streets always give heavy weightage for this segment’s performance. Its jewellery segment saw a reduction of 2.31 per cent in revenue from Rs 3,528 crore in Q2FY20 to Rs 3,446 crore this year. These numbers are excluding the bullion sales of Rs 391 crore.

Now, the most important question is, whether one should consider this as a buying opportunity at this juncture. It is currently trading just 0.20 times of its FY20 sales. Hence, from a valuations’ perspective, the stock may look cheaper but still, a few market participants are in wait & watch mode.

D-Street was once again gripped by uncertainty on Wednesday after news emerged that Germany and France are likely to announce new measures to curb the spike in Coronavirus cases. As we have heard time and again that ‘markets hate uncertainty’, we are going to see the Indian markets extending their losses due to this.