Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The Serum Institute of India, Bharat Biotech and Pfizer have applied to the DCGI seeking emergency use authorisation for their COVID-19 vaccine candidates and are awaiting approval.
Sun Pharma was by far the biggest gainer in the Sensex pack, surging 8.13 per cent, followed by Dr Reddy's at 4.92 per cent.
A longer shelf life is critical, given many makers have started manufacturing vaccines and stockpiling them, so as to make them available in the market immediately after approval, reports Sohini Das.
A back of the envelope calculation shows that India has roughly over 680 million doses of Covid-19 vaccines consisting primarily of Covishield doses.
The Central Drugs Standard Control Organisation has granted restricted emergency use authorisation to two new vaccines and a drug for COVID-19, taking the number of preventives and treatments available in India to 12.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
The modalities of COVID-19 vaccine delivery, distribution and administration were discussed during the meeting.
The CoWIN portal will be made available in Hindi and 14 regional languages by next week, while 17 more laboratories will be added to the INSACOG network to monitor the variants of COVID-19, the health ministry said on Monday.
TCS was the top gainer in the Sensex pack, rising over 3 per cent, followed by L&T, Bharti AIrtel, HCL Tech, Tata Steel, Bajaj Auto and Reliance Industries. NSE Nifty rallied 164.70 points to its fresh closing peak of 16,529.10.
Indian equity markets registered their highest single-day percentage gains since early October.
'It is absolutely important for us to continue to message to people that they must wear masks, keep physical distancing, as much as is practically possible, at work or at home.'
The 50-share NSE Nifty after moving between 10,374.30 and 10,307.30 settled flat at 10,348.75, up 6.45 points, or 0.06 per cent.
While Shivakumar is as usual contesting from Kanakapura, Siddaramaiah is returning to his home turf of Varuna in Mysuru district, which is currently represented by his son Dr Yathindra Siddaramaiah.
By keeping the Sanatana Dharma row alive and adding the Ayodhya temple consecration scheduled for January 22 and adding the free darshan promise from four polled states to the entire country, the BJP may have a self-fulfilling concoction, predicts N Sathiya Moorthy.
'We cannot have bodies putrefying in water.' 'This is a health hazard and it can create a very inflammatory situation.'
Such businesses outperform non-family firms by 3% in first six months of CY20, says Credit Suisse report.
Fabiflu sales have grown by 62 per cent in July. It was launched in June. This drug is being used by doctors for mild-to-moderate Covid patients even if they are in home isolation.
Hetero has priced the injectable drug at Rs 5,400 per 100 mg vial. With More drugmakers in line to launch the drug soon, the prices may see a further erosion.
Results of some blue-chip companies exceeded expectations, providing additional thrust, traders said.
Dr Kumar says it's not just the question of his safety or survival but that of 'my precious big cats'.
Polarisation and the increase in index weight of a few a stocks have weighed on performance. The worst performers include Nippon India Large Cap and HDFC Top 100 (2.6 per cent).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
The novel mRNA vaccine candidate, HGCO19, is supported with seed grant under the Ind-CEPI mission of the Department of Biotechnology. The mRNA vaccines do not use the conventional model to produce immune response. Instead, they carry molecular instructions to make the protein in the body through a synthetic RNA of the virus.
The movie star took a break from a film shoot in Amritsar to visit a BSF campus.
'Politics is a game of public perception and my father felt that by his long disappearances, Rahul Gandhi was losing the battle of perception.'
Also, with Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra not in the running for the party president's post, a non-Gandhi would be at the helm after over 24 years following the polling on Monday and counting on Wednesday.
While Covishield supplies would meet the target of 500 mn doses between August and December, it looks like Covaxin would miss the target of 400 mn unless the partner sites of Bharat Biotech ramp up very rapidly, reports Sohini Das.
'She showed courage at every turn in her political career.'
In a surprise announcement in April, Sun and Ranbaxy -- at that time owned by Japan's Daiichi -- declared an all-stock deal to create India's largest and world's fifth-largest drugmaker in an over $4 billion deal.
The NSE 50-share after moving between 10,309.85 and 10,261.50 on alternate bouts of selling and buying, finished at 10,298.75, with paltry gains of 15.15 points, or 0.15 per cent.
In a range-bound trading, the BSE benchmark Sensex ended a shade higher by 1.57 points in the special 90-minute trading today as funds refrained from making any major commitments in the absence of global cues.
'Safety is my first priority.' 'I need to ensure that any drug or vaccine that our citizens get is first safe.'
With some variations, all regional political formations, whether in power presently or out of it, share some common features: Tight family control of the political apparatus, key members in elected or appointed positions, obvious wealth but not quite known sources of income, and family factionalism, sometimes open and bitter, notes Shreekant Sambrani.
Soon after the above government order was released, the Opposition strongly condemned the move.
Nadella advised the start-up community to learn from the failures
'Officers have been made the scapegoat for political failure.' 'No effort has been made to find out who scuttled the prime minister's decision to introduce competitive bidding and why and at whose instance.'
'If you were to say today that the government should appoint judges to the high courts and Supreme Court, then I think that even those few good judges that we are getting today we would not get them.'
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
