Natco Pharma has announced that along with its alliance partner Lupin, the company has received final ANDA approval for generic Bosentan tablets, 62.5 mg and 125 mg.

Cochin Shipyard has signed a contract for the construction and supply of eight Anti-Submarine Warfare Shallow Water Crafts (ASWSWCs) for Indian Navy.

L&T Construction's Metallurgical and Material handling division received a contract worth more than Rs. 2,000 crore to set up a gold processing project in Saudi Arabia. The order is the biggest single EPC order for the metallurgical business in the global market.

Overall volumes in futures & options currently stand at 1.79 crore contracts with a turnover of Rs. 11,84,030.49 crore.

Overall volumes in futures & options currently stand at 1.79 crore contracts with a turnover of Rs. 11,84,030.49 crore.

The level of 11,765 is likely to play out an extremely important role in deciding the trend for the index, as sustaining and holding above this level could open up for upmove towards the levels of 11,800, followed by 11,856. On the downside, the 20-day moving average, which is placed around 11,664, would now be seen as a key support for the index. Stocks in news: Varun Beverages, Cochin Shipyard, 63 Moon Technologies, Veto Switchgears and Cables, NIIT Technologies, Lupin, BHEL, PPAP Automotive, Skipper, Mercator, ICICI Bank.

The Indian markets return after a trading holiday on Wednesday and will try to match up with a fall in oil price. Apart from this, the GST collections reached a record high monthly collection in the month of April since the launch of the GST in July 2017. Also, Indian’s infrastructure output finally showed some improvement for March at 4.7 per cent, which will also work in favour of the Indian markets. However, an early indication from the SGX Nifty indicates that the Nifty may not cheer these positive data inflow as Nifty may open on a cautious note around 11,788 level.

Many times you wish to invest for the short-term to meet immediate financial goals but it turns out to be a dilemma to decide where to invest. For such goals, should you consider investing in ultra-short duration fund? Let’s find out.

Leading dredging company Mercator has sold its very large crude carrier Nerissa (VLCC), which was built in 2006, for a total net consideration of USD 27.5 million. The company said that the proceeds from this sale will be utilised to bring down its debt and other liabilities.