Markets are in great shape and Sensex while trading at life highs is helping build a positive sentiment and feel-good factor about being an investor in equity markets. The positive sentiment is leading to increased participation in the markets and with increased participation the demand for small caps, microcaps and penny stocks is on the rise.  
 

Ruchi Soya Industries: Ruchi Soya Industries has forayed into the nutraceuticals & wellness products segment. The company's board of directors approved the launch of 100 per cent vegetarian, preservative-free nutraceutical products to be marketed under 'Patanjali' and 'Nutrela' branding in the medical, sports, and general nutrition categories.

Sun Pharmaceutical Industries Ltd announced today that one of its wholly-owned subsidiaries has entered into a licence agreement with Ferring Pharmaceuticals Private Limited, a subsidiary of Switzerland-based biopharmaceuticals MNC Ferring Pharmaceuticals, to commercialise a room temperature stable (RTS) formulation of the obstetric drug, CARITEC (Carbetocin RTS) in India.  

The shares of Ratnamani Metals & Tubes Ltd (RMTL) were trading in the green on Wednesday after the company announced that it has secured an order for carbon steel pipes worth Rs 81.79 crore.   

Tata Power Limited’s wholly-owned subsidiary, Tata Power Solar has received a letter of award (LoA) to build 210 MWp of solar PV projects for NTPC. The total order value of the projects is Rs 686 crore while its commissioning date has been set for November 2022. 

Ramco Systems, a next-gen enterprise software company, announced today that it has been selected by Bristow Group Inc., a leading global provider of vertical flight solutions to digitally transform the maintenance & engineering operations of the latter.  

Lupin Ltd, a global pharmaceutical company, announced today that it has received the approval from United States Food & Drug Administration (USFDA) for its biologics license application (BLA) of its biosimilar to Neulasta (pegfilgrastim). 

Emirates Integrated Telecommunications Company (EITC) - du, UAE’s second integrated telecom service provider and Route Mobile Limited have entered into a partnership to launch du’s global A2P messaging hub as a new service in the region, which will be completely managed by Route Mobile Limited.  

Sensex is up by approximately 9 per cent on a YTD basis while as many as 14 Sensex stocks have outperformed the frontline index on a YTD basis.   

The real show stopper of today’s session is the broader indices as Nifty Midcap 100 & Smallcap 100 have surged over a per cent.