The market opened in the green on April 29, 2020, overall volumes in futures & options currently stand at 1.71 crore contracts with a turnover of Rs. 9,04,461.82 crore.

The stock of organic chemicals manufacturer & supplier, IOL Chemicals & Pharmaceuticals Ltd, witnessed a jump today on being recognised as ‘three star export house’ by Ministry of Commerce & Industry, Government of India. 

Glenmark Pharmaceuticals announced on Wednesday that it had been granted tentative approval by United States Food & Drug Administration (USFDA) for Dapagliflozin and Saxagliptin tablets, 10 mg/5 mg, the generic version of Qtern 1 tablets, 10 mg/5 mg of AstraZeneca AB.

Moody’s Investors Service on Tuesday slashed India growth forecast for 2020 to 0.2 per cent. 

Strides Pharma Science Limited has developed and commercialised Favipiravir antiviral tablets which is the generic version of Avigan of Toyama Chemical (Japan). It is the first Indian company to develop and commercially launch Favipiravir tablets for the global markets.

The company has expanded its portfolio with this after a successful launch in USA. This is Biocon’s second launch in Canada with Mylan.

Keep a close watch around 9,400 mark and in the case of a gap-up opening, look to buy into dips as long as we hold above 9,400 mark. Stocks in news: Biocon, NLC India, Crompton Greaves Consumer Electricals, Reliance Industries.

South African theologian Desmond Tutu used to say, “Hope is being able to see that there is light despite all of the darkness.” Yes, the word ‘hope’, which has kept the flame of bulls going on Dalal Street. The market participants are hopeful that Finance Minister is likely to announce a second stimulus package for the economy, impacted by the nationwide lockdown and triggered by Coronavirus pandemic.

What an investor should do post Franklin Templeton India’s unprecedented move to wind up six of its debt MF schemes.

One of the leading DTH connection service providers in India, Dish TV, announced that it has partnered with an Indian mobile video player app-MX Player. Post this partnership, Dish TV will showcase MX Player’s content via its Android-based set-up boxes.