Let’s have a sneak peek of the conversation between DSIJ MF team and Vinay Paharia, Chief Investment Officer of Union Asset Management Company Private Limited.  

The domestic markets crashed on Monday as Sensex fell by 1,145.44 points or by 2.25 per cent to settle at 49,744.32 levels while Nifty tumbled 306.05 points or 2.04 per cent to close at 14,675.70 levels. 

Vivimed Labs Limited informed that the company has received approval for a product from Uzbekistan Government for its PICS & Health Canada-approved site. Both these facilities are situated in Hyderabad. 

With this acquisition, the company will be able to distribute over 25 billion units of power as against the earlier capacity of 16.66 billion to nearly 3.8 million customers compared to the earlier customer base of 3.65 million. 

India VIX index, the so-called fear index, jumped by a whopping 8 per cent and it has now crossed the 24-mark.   Put-Call Ratio (PCR) of Nifty dropped to 0.76 and this indicates more Call Writing than Puts.  

The market opened in red on February 22, 2021.

The market opened in red on February 22, 2021, overall volumes in futures & options currently stand at 2,78,83,868 contracts with a turnover of Rs. 27,55,176.55 crore.

The market opened in red on February 22, 2021, overall volumes in futures & options currently stand at 2,78,83,868 contracts with a turnover of Rs. 27,55,176.55 crore.

Lupin: The company announced that it has received approval for its Droxidopa capsules, 100 mg, 200 mg & 300 mg from United States Food & Drug Administration (USFDA), to market a generic equivalent of Northera capsules, 100 mg, 200 mg & 300 mg of Lundbeck NA Ltd. 

One of the most important assumptions in technical analysis is that history repeats itself! If the history repeats this time, expect an average correction of 12-13 per cent and if this happens, then there is a high probability that we could test the levels of 13,596, which also happens to be the swing low of January 29.