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Another bullish day may lift Nifty above 15,300 - The Hindu BusinessLine

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.

States tighten vigil over Remdesivir sale to curb black marketing

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

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