Syngene International Limited announced that it has collaborated with HiMedia Laboratories to manufacture and distribute ELISA test kits for COVID-19. 

United States Food and Drug Administration (USFDA) has granted approval to pharma major Lupin Limited for its Meloxicam Capsules, 5 mg and 10 mg, a generic equivalent of Vivlodex® Capsules, 5 mg and 10 mg of Zyla Life Sciences US, Inc. The product will be launched shortly after being manufactured at the company's facility in Aurangabad, India.

As the index is making higher high and higher low, the trend is bullish and only closing below prior bar low, which stands at 9,824, may give us an indication of some consolidation or correction in the index. Stocks in news: Majesco, ICICIGI, Lupin, Quess Corp, Syngene.

For the first time after January, Nifty rallied for five consecutive trading sessions on Tuesday. Said that, it decisively closed above the high made on April 30, 2020. Both, the FIIs and DIIs indulged in buying activity on Tuesday where FIIs were seen as net buyers to the tune of colossal Rs 7,498.29 crore, while DIIs bought shares worth of Rs 441.05 crore.

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Global company, Mindteck (India) Limited declared that it has landed a full development project of high value from a semiconductor equipment manufacturing client based in US.

Among the largest solar EPC solution providers in the world, Sterling and Wilson Solar Limited (SWSL), has informed the bourses that it has authorized the operations of its first solar PV project in Oman, thus becoming the first Indian company to have done so in that region.

JSW Steel Limited managed to enhance its capacity utilization level in May 2020, as the lockdown restrictions started easing out. As against 38 per cent in April, it went up to 83 per cent in May.

Concluding yet another trading session in a positive territory, Nifty gained by 168.55 points or 1.72 per cent to settle at 9,994.70 while Sensex climbed by 522.01 points or 1.57 per cent to reach the level of 33,825.53.

Trident Limited announced today that it has been granted a patent for 'woven fabric with improved comfort' by United States Patent Office.