Zydus Cadila informed the bourses that it has received final approval from the USFDA to market Esomeprazole Magnesium Delayed-Release Capsule, 25 mg and 40 mg. The said tablet is used to treat certain stomach and esophagus problems like acid reflux, ulcers.

The markets on May 23, 2019 opened gap up. BSE Sensex is trading at 39,366.97, up by 256.76 points and the Nifty is trading at 11,827.10, up by 89.20 points. 

SeQuent Scientific Limited (SSL) reported a healthy financial performance in the quarter ended March 2019.

The company reports profit after tax (PAT) of Rs. 82.59 crore for Q4FY19. The company's board has recommended a dividend of Rs. 2 per share.

As the news that BJP will continue to remain in power seeps in market pared its gains in the afternoon session. In the morning half, market was extremely bullish as BJP's seat count crossed the halfway mark in leading trends. The top contributors to the index gains were ICICI Bank, IndusInd Bank, LT contributing between 60 to 40 points, while Reliance was just supporting contributing 20 points. 

Markets soar in anticipation of a Narendra Modi led government in the center. The BSE Sensex scaled 40,054.42, up by 944.21 point or 2.41 per cent, while Nifty50 was at 12,031.95, up by 294.05 points or 2.51 per cent.

Of the 542 seats in fray, BJP-led alliance NDA is leading in 321 seats, while Congress-led alliance UPA is leading in 94 seats, and in 92 seats Others are leading.

Overall volumes in futures & options currently stand at 72.91 lakhs contracts with a turnover of Rs. 5,27,886.13 crore.

Overall volumes in futures & options currently stand at 72.91 lakhs contracts with a turnover of Rs. 5,27,886.13 crore.

Nifty needs to decisively take out the level of 11,850 and, on the downside, support is seen around the Monday’s session low of 11,592. Going ahead, if bulls manage to defend the support level of 11,592 and the opening gap of May 20, it would be an interesting day’s ahead for the bulls. Stocks in news: L&T, Biocon, ITI, Bodal Chemicals, Wipro, OBC, HDFC Bank.