• Nifty August futures add 7.2% and 7.4 lakh shares in Open Interest
• Nifty Bank August futures add 20% and 3.1 lakh shares in Open Interest

Nifty: August 6 Expiry

• 11,000 Call: Premium up 80.6% to Rs 107.55. The contract has shed 1.1 lakh shares in Open Interest.
• 11,100 Call: Premium up 75.6% to Rs 56.2. The contract has shed 4.2 lakh shares in Open Interest.
• 10,900 Put: Premium down 67% to Rs 28.6. The contract has added 19.9 lakh shares in Open Interest.

Nifty Bank: August 6 Expiry

• 21,500 Call: Premium up 32.5% to Rs 256. The contract has added 2.2 lakh shares in Open Interest.
• 21,000 Put: Premium down 54.7% to Rs 117.6. The contract has added 5.2 lakh shares in Open Interest.
• 22,000 Call: Premium up 6.4% to Rs 80. The contract has added 1.7 lakh shares in Open Interest.

• Revenue down 42% to Rs 1,665 crore
• Net profit down 65% to Rs 143 crore
• Ebitda down 52% to Rs 376.9 crore
• Ebitda margin at 22.6% from 27.6%
• Declares interim dividend of Rs 2.5 per share
• Lockdowns have resulted in operating constraints leading to significant reduction in business operations in terms of sales
• All numbers are consolidated and compared on a year-on-year basis

Shares surged to the day's high, gaining as much as 3.7% to Rs 709, post the announcement.

• Benchmark indices at the day's high
• Nifty up 1.5% at 11,051
• Sensex up 1.6% at 37,517
• Nifty Bank up 1.7% at 21,441
• Nifty Midcap index up 1%
• Nifty Smallcap index up 1.1%
• India Volatility Index down 3.5% to 24.29
• Nifty I.T. is the only sectoral laggard; down 1.3%
• Nifty Media extends gains; up 2.7%
• Nifty Auto is the other major sectoral gainer; up 1.6%
• Zee Entertainment is the top Nifty gainer; up 5.7%
• Tech Mahindra is the top Nifty laggard; down 2.8%
• 1,234 stocks on the NSE trade with gains while 501 decline

India's biggest money manager is urging the Reserve Bank of India to step up support for the bond mark or risk undermining its success in boosting corporate credit, Bloomberg News reports.

SBI Funds Management believes that the RBI needs to boost purchases of sovereign debt and articulate a clear strategy of intervention.

"We need some decisive intervention from the RBI this financial year," Rajeev Radhakrishnan, Head of Fixed Income at SBI funds said in an interview.

Radhakrishnan also said that corporate spreads will rise again after having come down if the central bank pushes the entire government borrowing to the market at a time when growth is negative.

• Revenue up 35% to Rs 331.1 crore
• Net profit more than doubles to Rs 49.3 crore
• Ebitda more than doubles to Rs 69.9 crore
• Ebitda margin at 21.1% from 13.2%
• Europe, U.K. Formulations business revenue up 43% to Rs 144.2 crore
• U.S. and North America formulations business revenue up 29% to Rs 133.6 crore
• Australia & New Zealand formulations business revenue up 10.8% to Rs 34.1 crore
• Rest of the World business revenue up 62.2% to Rs 19.4 crore

Shares gained as much as 5% to Rs 43.65, post the announcement. The stock is up for the sixth straight day and is trading at the highest level since January 2018.