The Nifty Future is trading at 11,501.00 up with +1.04% percent or +118.10 point. The Nikkei 225 Future is trading at 23,072.50 up with +0.81% percent or +184.50 point.The Hang Seng Future is trading at 25,394.50 up with +1.72% percent or +430.50 point.
TODAY’S FACTORS AND EVENTS
Granules Pharmaceuticals Inc, step-down wholly owned subsidiary of Granules India Limited, got approval from the U.S. FDA for Ramelteon Tablets 8 mg, it is a bioequivalent to the reference listed drug product (RLD), Rozerem Tablets, 8 mg, of Takeda Pharmaceuticals U.S.A. Ramelteon Tablets are used for the treatment of insomnia characterized by difficulty with sleep onset. Ramelteon Tablets had U.S. sales of approximately $33 million MAT for the most recent twelve months ending in June 2020 according to IQVIA Health. This is one of the significant approvals for Granules India Limited we continue to with Buy rating on Granules Indian,” said Yash Gupta, Equity Research Associate
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 27,930.33 up with +0.69% percent or +190.60 point. The S&P 500 is trading at 3,397.16 up with +0.34% percent or +11.65 point. The Nasdaq Composite is trading at 11,311.80 up with 0.42% percent or +46.85 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 22,985.51 up with +0.28% percent or +65.21 point. Hong Kong’s Hang Seng is trading at 25,492.78 up with +1.51% percent or +378.94 point. China’s Shanghai Composite is trading at 3,386.48 up with +0.17% percent or +5.80 point. India’s BSE Sensex is trading at 38,781.80 up with +0.90% percent or +347.08 point at 12:15 PM.