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Nifty, Sensex may trend higher – Wednesday closing report
moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.
Saboo Sodium Chloro Ltd completes order given by Rajasthan Medical Services Corporation Ltd
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Another bullish day may lift Nifty above 15,300
May 25, 2021
Declining Covid cases, positive global cues to boost sentiment
Positive global cues coupled with declining Covid-19 cases will likely keep the bull momentum going for the Indian markets on Tuesday as well. However, according to analysts, markets will see heightened volatility due to expiry of May month derivative contracts on the NSE on Thursday. According to them, the current trend in F&O suggests better rollover of long positions.
The SGX Nifty futures is currently ruling at 15,333 (8 am IST) and indicates at least a 100-point gap-up opening for Nifty. The Nifty May and June futures on Monday closed at 15,202.65 and 15,230.95 respectively.
Saboo Sodium Chloro Ltd receives order for supply of medical devices worth Rs 36 09 crore
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States tighten vigil over Remdesivir sale to curb black marketing
The Drugs Controller General of India (DCGI) has also asked enforcement authorities of states and Centre to take immediate action on incidence of black-marketing, hoarding and overcharging of Remdesivir
Joe C Mathew | May 3, 2021 | Updated 21:49 IST
Representative Image
Even as the central government has asked pharmaceutical companies to ramp up the production of Remdesivir injection due to a surge in demand from COVID-19 patients, several state governments are tightening the scrutiny over its sales to arrest hoarding and black marketing of the medicine.
In a recent decision, the Delhi government has asked its drug inspectors to be stationed at the premises of Remdesivir distributors (retail drug stores are not permitted to sell the medicine) and personally verify the credentials of each customer before permitting the sale. The customers have been asked to produce the original prescription, Aadhaar card of the p