DSIJ Mindshare

Overall volumes in futures & options currently stand at 98,17,752 contracts with a turnover of Rs. 5,97,493.05 crore.

Overall volumes in futures & options currently stand at 98,17,752 contracts with a turnover of Rs. 5,97,493.05 crore.

Aurobindo Pharma, the Hyderabad-based pharmaceutical company, has completed the acquisition of Apotex’s commercial operations and certain supporting infrastructure in five European countries Poland, Czech Republic, the Netherlands, Spain and Belgium.

The company inaugurated its greenfield facility in Assam. The plant commenced production of high-quality laminated plastic tubes used for packaging FMCG and pharma products.

Going ahead, any slip below the Friday’s session low of 10,925 would increase the likelihood of Nifty testing its 200-day moving average, which currently stands at 10,855 level.  On the upside, it would be crucial for the index to move past the level of 10,950 once again to avoid weakness. Stocks in news: Indusind Bank, Essel Propack, Engineers India, Voltas, Reliance Power, Dr Reddy’s Laboratories, Lupin, Cipla, REC and Prakash Industries.