The statement from the company further added that its lab facility is fully-equipped; having advanced instruments used in various routine as well as specialised investigations.

The market opened in the red on May 7, 2020, overall volumes in futures & options currently stand at 2.92 crore contracts with a turnover of Rs. 14,76,310.45 crore.

Dr Reddy’s Laboratories Limited announced that USFDA has given an approval to ELYXYB (celecoxib oral solution 25 mg/ml). The company is working to commercialise this product through partners.

Majority of the sales were generated in the last few days of April after the exemption of the sale of agricultural machinery was announced by Union Government on April 20.

The level of Wednesday’s session low of 9,116.50 is likely to act as an immediate support level. On the upside, the range of 9,350-9,450 is likely to act as a stiff resistance. Stocks in news: Dr Reddy’s Laboratories, HDFC, Maruti Suzuki, Aster DM Healthcare.

On Thursday, Indian markets are set for a negative start as SGX Nifty indicates a gap-down opening. At the time of writing, SGX Nifty was down by 101 point at 9,154 level. The main cause of concern in India is that the total number of Coronavirus cases has crossed 50,000 mark and the death toll is reported to be around 1,785.

In a latest development, Wipro Limited announced that it has signed a memorandum of understanding (MoU) with Government of Maharashtra for converting one of its branches to a 450-bed COVID-19 hospital.

PNB Housing Finance Limited (PNBHFL) announced that it has signed a memorandum of understanding (MoU) with Indian Institute of Technology (IIT) Delhi, in an initiative to support critical research and development (R&D) of a unique prototype material to be used in manufacturing sustainable personal protective equipment (PPE) surgical gowns and masks, which would then be supplied to notable government hospitals.

The shares of NIIT Technologies were trading deep in green on Wednesday and surged as much as 19 per cent after the IT company announced its Q4 results after market hours on Tuesday.

Volatility continues to remain in the stock markets as Sensex finally closes in green after witnessing a selling in the initial trading session. The index increased by 0.74 per cent or 232.24 points to be at the level of 31,685.75 while, Nifty rose by 0.71 per cent or 65.30 points to reach the level of 9,270.90.