On Friday, the domestic benchmark indices saw volatility during the week’s last trading session. Sensex and Nifty closed flat with a positive bias. Sensex edged up by a mere 0.04 per cent or 14.23 points to settle at 38,854.55 while Nifty gained by 0.13 per cent or 15.20 points to close at 11,464.45.

Risk is simply the probability of losing money on an investment. A more technical definition of risk would be the volatility of return on the investment. An asset with erratic returns is considered to be riskier than an asset, whose value stays rather static or moves slowly.

Zydus Cadila has received final approval from USFDA to market Doxorubicin Hydrochloride Liposome injection in the strengths of 20 mg/10 ml (2 mg/ml) and 50 mg/25 ml (2 mg/ml) single-dose vials.

The consolidated net sales reported in Q1FY21 came in at Rs 2,910.83 crore, which increased by 2.29 per cent YoY from Rs 2,845.64 crore in Q1FY20. 

Penny stocks have made a come back in 2020. Several penny stocks have become multibaggers and are catching investors attention.

Also on the production front, the company has beaten the production target of its main revenue component Urea. It has produced 16.11 lakh MT of Urea during April-August 2020 as against 14.26 lakh MT produced during the same period in 2019-20.

Over a period of 5 years the stock has generated 109.4 per cent returns on an annualised basis while over three years the stock has delivered 97.60 per cent on an annualised basis.

During Friday’s trading session, even as Sensex and Nifty remained volatile, the stock of Coforge Limited almost touched its 52-week high.

Asset allocation is one of the most important parts of your financial planning and hence, you should get it right!

The market opened flat on September 11, 2020, overall volumes in futures & options currently stand at 6,96,14,749 crore contracts with a turnover of Rs. 45,81,697.77 crore.