DSIJ Mindshare

Pharma major Dr Reddy’s Laboratories launched palonosetron hydrochloride injection. The injection is a generic version of ALOXI.

Indian markets may see a modestly negative opening on the back of negative indications prevailing in the global markets. There are some critical data flows coming up during the week, apart from the March series F&O expiry. The US GDP data is expected and so is India’s fiscal data. The SGX Nifty is pointing that Nifty may open around 9,991.  

Going ahead, Friday session low of 9,951 will be a crucial support for the Nifty and the next support is seen around 9,910 level. Stocks in the news: Granules, Vedanta, Tata Power, Tata Chemicals, Marathon Nextgen Realty, NHPC, NTPC, BHEL, Reliance Industries, Indiabulls Real Estate, Bharat Financial Inclusion and Uttam Galva.

Starting April 1, insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) has proposed to reduce third party premiums for FY19. IRDAI has also proposedtofacilitate insurers to come up with cheaper comprehensive insurance policies that will benefit the vehicle owners.

If the insured was the sole bread earner for the family, the pay-out can ensure that the family members do not have to go through financial travails and uncertainties.