Out of 542 mutual funds, there were 230 funds, which gave double-digit annualised returns in the last decade. Read on to find out more.

Unichem Laboratories Ltd, an international, integrated, speciality pharmaceutical company informed the exchanges on Friday that it has received ANDA approval for its Apremilast tablets in the strengths of 10 mg, 20 mg & 30 mg by United States Food & Drug Administration (USFDA).  

On Friday as well, the markets indicated bearish investor sentiments as Sensex ends below 51,000, declining by 434.93 points or 0.85 per cent to settle at 50,889.76 levels while Nifty fell by 137.20 points or 0.91 per cent to close at 14,981.75 levels.   

The company announced today that it has initiated the process with Drugs Controller General of India (DCGI) for emergency use authorisation (EUA) of the well-studied human adenoviral vector-based platform vaccine candidate, Sputnik V.  

A lot of asset managers are getting positive on cyclicals. Read onto find out more about the funds that are likely to gain from cyclical bets.

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.