The price action of the day formed a small body bear candle with a large upper shadow, which resembles a shooting star pattern. Normally, the formation of a shooting star pattern is viewed as a bearish reversal pattern that typically occurs at the top of an uptrend.

The domestic AUM declined by 1.69 per cent on a sequential basis in the month of January 2021.  

Rhizen Pharmaceuticals, a clinical-stage oncology-focussed biopharmaceutical company and subsidiary of Alembic Pharma announced that its novel next-generation PI3K-delta inhibitor, Umbralisib, which was licensed to TG Therapeutics, has secured USFDA accelerated approval.  

The Ministry of Defence (MoD) & Defence Public Sector Undertaking (DPSU), Bharat Electronics Limited (BEL) signed a contract worth over Rs 1,000 crore for the procurement of software-defined radio tactical (SDR-Tac) in New Delhi on February 8, 2021. 

On Monday, the domestic benchmark indices wiped out the day's gains to end flat with a negative bias. Snapping its bull-run, Sensex erased around 500 points from its day's high to close at 51,329.08 levels, down by 0.04 per cent or 19.69 points. During the last half hour of the trading session, Nifty slipped in red to settle at 15,109.30 levels, down by 0.04 per cent or mere 6.50 points from its previous close. 

Indian Energy Exchange, which is India’s premier electricity exchange announced that it has divested its 5 per cent stake of Indian Gas Exchange (IGX) to GAIL (India) Limited.  

The journey of Nifty from its inception to over 15,000 now is quite eventful. Read onto find different aspects of its journey.  

Infosys announced that it has entered into a strategic collaboration with a leading aerostructures manufacturer i.e. Spirit AeroSystems. The announcement was made on Monday after the market hours.  

BLS International Services Ltd informed that it recently got mandated by Uttar Pradesh Government to operate Jan Sewa Kendras (customer service centres) project. The company shall provide G2C & B2C Services to citizens via its digital platforms. 

ICICI Prudential Life Insurance informed today that it has launched a new savings product with the name, ‘ICICI Pru Guaranteed Income for Tomorrow’.