Leading pharmaceutical major lost more than 5 per cent in early trade on Wednesday following reports that USFDA has issued a Complete Response Letter with regards to the generic Nuvaring.

Overall volumes in futures & options currently stand at 2,08,59,867 contracts with a turnover of Rs.13,64,009.54 crore.

Overall volumes in futures & options currently stand at 2,08,59,867 contracts with a turnover of Rs.13,64,009.54 crore.

Nifty needs to sustain above its crucial 10,800 mark to keep the pullback option open. On the upside, the level of 10,980-11,040 is likely to act as immediate resistance. Stocks in news: Infosys, TCS, Anuh Pharma, Concor.

Going by the early indication of SGX Nifty, the markets may open the session on a flat note with a positive bias.

The following stocks would be in focus during Wednesday’s trading session in light of their results announcement: Ahluwalia Contracts, Deepak Fertilisers, Edelweiss Financial Services, Everready Industries and GMM Pfaudler.

The shares of the company closed at Rs 437.55, up by 3.71 per cent on back of robust financials.

Despite a spectacular run-up by Reliance, the benchmark index BSE Sensex closed down at 36,958.16, down by 623.75 points or 1.66 per cent on Tuesday. The Nifty50 closed at 10,925.85, down by 183.80 points or 1.65 per cent.

Unichem Laboratories on Tuesday informed the bourses that it has received ANDA approval from the United States Food and Drug Administration (USFDA) for Unichem's Tramadol Hydrochloride Tablets.

The stocks to watch out on August 14 include Manappuram Finance Limited, Sun Pharma, Wipro, Container Corporation and Reliance Industries.