Sensex tanks by more than 600 points; IndusInd Bank declines by over 5 per cent Sensex tanks by more than 600 points; IndusInd Bank declines by over 5 per cent DSIJ Intelligence / Tuesday, July 14, 2020 / Article rating: 4.8 Bearish behaviour dominated the domestic markets on Tuesday as Sensex tanked by 660.63 points or 1.80 per cent to settle at 36,033.06 while Nifty fell by 195.35 points or 1.81 per cent to close at 10,607.35.
Vaishali Pharma launches Vitamin C supplements to boost immunity Vaishali Pharma launches Vitamin C supplements to boost immunity Apurva Joshi / Tuesday, July 14, 2020 / Article rating: 3.4 Vaishali Pharma Limited has launched Vipravita C (Vitamin C supplements) for domestic as well as international market to boost immunity against various prevailing diseases. These supplements are available in different variants like Vitamin C chewable tablets, Vitamin C effervescent tablets and Vitamin C with zinc combo.
Cipla gets USFDA nod for Icatibant Injectable Cipla gets USFDA nod for Icatibant Injectable DSIJ Intelligence / Tuesday, July 14, 2020 / Article rating: 5.0 On Tuesday, pharma major Cipla Limited declared that it has been granted approval for its Abbreviated New Drug Application (ANDA) for Icatibant Injectable 30mg/3mL by United States Food and Drug Administration (USFDA).
City Union Bank to raise Rs 1,100 crore City Union Bank to raise Rs 1,100 crore Nidhi Jani / Tuesday, July 14, 2020 / Article rating: 5.0 At the end of FY20, the bank reported its Tier I capital adequacy ratio at 15.80 per cent, well above the regulatory requirement. These fundraising plans add additional strength to its core fundamentals. The CASA ratio at 25 per cent (Rs 1,000 crore) along with debt funds can be expected to maintain a low cost of borrowing.
Fitch Ratings believe near-term recovery not probable for NBFCs Fitch Ratings believe near-term recovery not probable for NBFCs Amir Shaikh / Tuesday, July 14, 2020 / Article rating: 4.6 The rating agency Fitch in its latest report said that a near-term recovery for India's non-banking financial institutions is not probable, as the sector continues to wrestle with the fallout of Coronavirus pandemic
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Tuesday, July 14, 2020 / Article rating: 3.3 The market opened in the red on July 14, 2020.
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Tuesday, July 14, 2020 / Article rating: 3.5 The market opened in the red on July 14, 2020, overall volumes in futures & options currently stand at 1,88,70,614 crore contracts with a turnover of Rs. 11,67,812.51 crore.
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Tuesday, July 14, 2020 / Article rating: 3.3 The market opened in the red on July 14, 2020, overall volumes in futures & options currently stand at 1,88,70,614 crore contracts with a turnover of Rs. 11,67,812.51 crore.
BSE signs pact with IIT Alumni Council BSE signs pact with IIT Alumni Council DSIJ Intelligence / Tuesday, July 14, 2020 / Article rating: 4.5 To encourage listing of startups and also to develop a ‘high investor depth’ platform for such companies, Bombay Stock Exchange (BSE) announced that they have signed a pact with IIT Alumni Council.
Action Construction Equipment demand takes a hit by COVID-19 Action Construction Equipment demand takes a hit by COVID-19 Nidhi Jani / Tuesday, July 14, 2020 / Article rating: 4.6 The company’s revenue and profitability are likely to be impacted even more. In Q1FY21 (April-June), volumes and revenues seem to take a hit as the operations were partially shut in April 2020 and gradually ramped up during May 2020 and June 2020. However, recovery is likely to be expected during Q3FY21E and Q4FY21E.