Strides Pharma Sciences announced that the company’s step-down wholly-owned subsidiary, Strides Pharma Global Pte. Limited, Singapore has received approval from United States Food & Drug Administration (USFDA) for Ethacrynic Acid tablets USP, 25 mg.

The zone of 11,789-11,820 would be a crucial support area in the near term while, on the upside, the bulls need to sustain above the level of 11,950 for the continuation of the upmove.

The index has a resistance placed around the levels of 11,950 and until and unless this level is not crossed convincingly, it’s better to refrain from making any heavy long positions in the index. Meanwhile, the broader indices can be looked into for some stock-specific trading opportunities.

The pharma major, Cipla Limited announced on Tuesday that it has launched generic Nintedanib for the treatment of idiopathic pulmonary fibrosis (IPF), under the brand name, 'Nintib'. The drug will be made available in the form of 100 mg and 150 mg capsules.

Looking at the industrial front, China has a 39 per cent share in home textile exports with USD 19 billion, followed by India at 11 per cent with USD 5 billion. India, being the second largest home textile exporter as well as the largest producer of cotton in the world, is expected to benefit from this structural shift.

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When it comes to evaluating a mutual fund, there are a host of parameters available and Capture ratio is one of them. Read on to find out more.