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Volatility struck bourses in early trade as the key indices once again regained positive zone soon after erasing early gains. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 50.16 points or 0.1% at 50,939.92. The Nifty 50 index was up 2.90 points or 0.02% at 14,984.65. The S&P BSE Mid-Cap index was up 0.11%. The S&P BSE Small-Cap index was up 0.27%. The market breadth, indicating the overall health of the market, is positive. On the BSE, 1180 shares rose and 889 shares fell. A total of 122 shares were unchanged. Stocks in news: NTPC rose 0.38%. NTPC informed that consequent upon successful commissioning, 5 MW last part capacity for 20 MW Auraiya Solar PV Project at Auraiya, UP, has been declared on Commercial Operation with effect from 20 February 2021. ....
Pinnacle Life Science, a wholly-owned subsidiary of Aarti Drugs, incorporated at International Free Zone Authority (IFZA) in Fujairah, UAE, has been closed.Pinnacle Life Science was not a material subsidiary of the company and did not have any business activity. The winding up of this subsidiary will not affect the revenue or business of Aarti Drugs. The announcement was made after market hours on Friday, 19 February 2021. The drug maker s consolidated net profit soared 144.9% to Rs 68.03 crore on 12% rise in net sales to Rs 530.25 crore in Q3 December 2020 over Q3 December 2019. Shares of Aarti Drugs fell 0.09% to Rs 642. Aarti Drugs is a pharmaceutical company and has a strong presence in the anti-diarrhea, anti-inflammatory therapeutic groups. ....
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