The market opened in the red on March 6, 2020. The previous trading session witnessed the Sensex going up by 61.13 points to end at 38,470.61 and the Nifty was up by 18 points to close at 11,269.00.

Early signs from SGX Nifty indicate that it could be another Black Friday like the previous week, where Indian markets had cracked sharply. Our call for the day would be waiting for the market to settle after initial volatility, as there could be an initial reaction to Coronavirus, which is taking a toll on global economy and no one has the answer where this Coronavirus is heading and that’s the scary part.

If Nifty closes below 11,244, which is Thursday’s low, it will be an indication of the continuation of downtrend. However, a close below 11,000 level will have severe repercussions on the market. Stocks in news: Dr Reddy’s Laboratories, SBI, HCC, Lemon Tree, Pidilite Industries, Ester Industries, Agro Tech Foods.

Tata Consultancy Services (TCS) has successfully implemented TCS HOBS Product Portfolio Management (PPM) solution for Airtel. This will accelerate Airtel's digital transformation journey.

The company had filed an application for the abovementioned drug in December 2019. This has now become the first globally indicated drug for the treatment of NASH. Otherwise, there was no treatment available for this progressive liver disease.

Tata Power announced today that it has entered into a partnership with Jaguar Land Rover (JLR) India to offer an end-to-end EV charging solutions across its retail network of 27 outlets in 24 cities.

US Food & Drug Administration (USFDA) has approved Abbreviated New Drug Application (ANDA) filed by Granules Pharmaceuticals, Inc (GPI), a wholly-owned foreign subsidiary of Granules India Limited for Potassium Chloride Extended-Release Tablets USP, 8 mEq (600 mg) and 10 mEq (750 mg).

Indian rupee gained against US dollar on Thursday, followed by firm domestic equities tracking global peers that gained on the back of former US Vice President Biden's big win, central banks' rate cut and World Bank's $12 billion aid package.

In terms of stock returns, PSU banks have performed very poorly, despite a consistent capital infusion by the government. Set of 18 PSU banking stocks has declined as much as 49 per cent since January 2019 till date.

Alembic Pharmaceuticals Limited has received final approval from US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Doxycycline Hyclate Tablets USP, 20 mg.