The market opened in the green on April 27, 2020, overall volumes in futures & options currently stand at 1.19 crore contracts with a turnover of Rs. 6,37,107.29 crore.

The market opened in the green on April 27, 2020, overall volumes in futures & options currently stand at 1.19 crore contracts with a turnover of Rs. 6,37,107.29 crore.

On the back of higher redemption pressure faced by mutual fund houses in their debt funds as well as closing down of some debt MFs by a fund house, RBI has opened special liquidity facility for mutual funds.

NLC India informed the bourses on April 26 that the company has commenced coal production at Talabira-II & II opencast coal mine in the state of Odisha, having a normative capacity of 20 MTPA

JB Chemicals & Pharmaceuticals Limited has received an approval from USFDA for its abbreviated new drug application (ANDA) for Carbamazepine extended-release tablets USP 100 mg, 200 mg and 400 mg.

Indian pharmaceutical company, Natco Pharma Limited, announced that it has received an EIR for Kothur’s formulation facility (Telangana).

This fundraising has been done majorly to meet the ongoing and planned capex requirements and cash flow mismatches of the company as well as for the general corporate purposes, in the wake of COVID-19, arising from the impact of the lockdown.

As per IQVIA Health’s data, Vigabatrin for oral solution had US sales of approximately $255 million MAT for the most-recent twelve months, ending February 2020.

For the day, an immediate support for Nifty is placed around 9,070 and breach of this support zone would open for further correction towards 8,900. On the upside, 9,400 would continue to act as a stiff resistance for the index. Stocks in news: JK Cement, Natco Pharma, Tata Steel, Torrent Pharma, Granules.

The cues from global peers are setting up a firm pitch to bat on for the bulls. On Friday, with Franklin Templeton fiasco, which resulted to sell-off in the markets, it would be interesting to see whether the market participants recover from this wound or they will use today’s gap-up opening to liquidate their positions.