Glenmark’s current portfolio contains of 135 products official for distribution in the US market and 62 ANDA’s are pending for approval with the USFDA.

Pennar Industries reported robust results with stable revenues and increasing margins on lower other expenses.

Capacite Infraprojects reported lower mixed numbers with a top-line increase, followed by a decline in margins and a strong slump in the bottom-line.

Benchmark indices witnessed 5 consecutive downfalls and most of the sectoral indices have followed. Meanwhile, IT index has remained sideways, consolidating for the last 11 days. IT major, TCS has hit a new all-time high after consolidating for 3 weeks.

Indostar Capital Finance made a decent debut on the bourses getting listed at Rs. 600 on both BSE and NSE at a premium of 4.90 per cent on the issue price of Rs 572, on Monday.

Future Lifestyle Fashions reported subdued performance over the quarter with heavy deterioration in the bottom-line

Future Lifestyle Fashions reported subdued performance over the quarter with heavy deterioration in the bottom-line.

The stock of Endurance Tech was buzzing on Monday on back of news that the company is eligible to receive industrial promotion subsidy.

Going ahead, the zone of 10,550-10,560 is a key support for the Nifty as it is a confluence of 50-day EMA and 50 per cent retracement of the downmove. Stocks in news: South Indian Bank, AU Small Finance Bank, Century Textile, Indoco Remedies, Alembic Pharmaceuticals, Endurance Technologies and Indiabulls Real Estate.

As we step into the fresh week, chances are Indian markets may see flat opening despite encouraging cues from Asian peers. This would be mainly due to the setback suffered by the BJP in Karnataka as it failed to muster the requisite majority. The trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may open with a modest gain of 17 points at 10,632.  

The level of risk and return in an investment is an important criterion for selection of investment instruments. Generally speaking, the higher the risk, the higher would be the returns, and lower the risk, lower the returns. So, the risk and return in an investment are directly correlated, which dictates the choice of investments.