The market opened in the green on May 21, 2020. The previous trading session witnessed the Sensex going up  by 622.44 points to end at 30,818.61 and the Nifty was up 187.45 points to close at 9,066.55.

The market opened in the green on May 21, 2020, overall volumes in futures & options currently stand at 2.57 crore contracts with a turnover of Rs. 12,20,838.30 crore.

The market opened in the green on May 21, 2020, overall volumes in futures & options currently stand at 2.57 crore contracts with a turnover of Rs. 12,20,838.30 crore.

Airline companies have been heavily impacted by COVID-19 pandemic. Aviation stocks were considered to be money losing stocks with low hopes for revival. But as new announcements are coming, the trend has been reversed as on Thursday, InterGlobe Aviation gained by more than eight per cent while, SpiceJet hits its upper circuit of five per cent.

The United States Food and Drug Administration (USFDA) has granted final approval to Cipla Limited for its Abbreviated New Drug Application (ANDA) for Dihydroergotamine Mesylate Nasal Spray 4mg/mL with a Competitive Generic Therapy (CGT) designation.

Tata Power Co. Ltd informed that its wholly-owned subsidiary, Tata Power International Pte Limited (TPIPL) has acquired ten per cent equity stake in Adjaristsqali Netherlands BV (ABV) from International Finance Corporation (IFC) for USD 1,50,000.

We have quite a few positive takeaways from Wednesday’s session and a move above 9,158 levels would give a confirmation of temporary bottom. As long as the level of 8,800 is protected on the downside, bulls might have an advantage. Stocks in news: Tata Power, Tata Motors, Kalpataru Power.

In early action, SGX Nifty is seen trading in a negative territory despite a strong rally on Wall Street. The biggest cause of concern for the domestic markets is that India has recorded the biggest single-day jump of 5,611 new Coronavirus cases, taking the nationwide tally of confirmed cases to over 1.06 lakh on Wednesday.

The shares of Dr Reddy’s Laboratories went up by more than five per cent today after the company announced that it has received an EIR for its Bachupally plant-3, located in Telangana.

Extreme behaviour and volatility was seen in the stock markets today unlike previous trading sessions. On Wednesday, Sensex jumped by 2.06 per cent, which is 622.44 to settle at the level of 30,818.61 while, its NSE counterpart-Nifty gained by 187.45 points or 2.11 per cent more than its previous close to end the session in green at 9,066.55 level.