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Cipla share price: In a press release issued after market hours on February 20, Cipla announced that it has received approval for Nilotinib capsules in 50 mg, 150 mg, and 200 mg strengths. The oral oncology drug is expected to be launched in the United States during the 2025-26 financial year.

Markets have indeed been very volatile in the past couple of months. Firstly, corporate earnings performance has come below expectations for most sectors with single-digit PAT growth for the Nifty and BSE500 leading to downward revision in earnings estimates.

As of February 14, FIIs have offloaded Rs 23,242 crores in the cash market this month, bringing the total FII selling in 2025 to a staggering Rs 1,05,145 crores.

U.S. stocks faced a broad selloff on Thursday due to tariff concerns and Walmart s disappointing fiscal forecast. The Dow experienced the biggest decline while the S&P 500 and Nasdaq also fell. Gold prices hit a record high, indicating the investors shift towards safer assets amid economic uncertainties.

Gold prices remain steady, poised for an eighth consecutive weekly gain due to concerns over U.S. President Trump s tariff plans that could incite trade wars and fuel inflation. Spot gold reached an all-time high of $2,954.69 on Thursday. U.S. Federal Reserve officials are noting rising inflation risks linked to Trump s policies.

The yen rose to its highest level in 2-1/2 months due to a surge in Japanese inflation. The dollar weakened as Trump s tariff threats remained mostly rhetoric. The euro steadied ahead of the German elections, while evidence of rising Japanese inflation bolstered the case for higher rates. Sterling also reached its highest since mid-December.

Oil prices rose on Friday, heading for a weekly gain due to falling inventories of U.S. gasoline and distillate indicating strong demand. Concerns over supply disruptions in Russia and reduced Caspian Pipeline Consortium oil flows also contributed to the price increase, despite higher oil volumes from Kazakhstan.

Sensex and Nifty declined amid fresh tariff threats and weak Asian markets. Focused stocks included Just Dial, Adani Enterprises, and JBM Auto with distinct movements. Analysts suggest buying these stocks at dips for long-term gains, with specific target levels and stop loss points.