HCL Technologies, which is a leading global technology company, announced that it has signed a multi-year contract with Hitachi ABB Power Grids, a leader in digital energy solutions, to build a new greenfield digital foundation as part of a global transformation programme. 

Hikal Limited, which is recognised as a preferred long-term partner for leading global life sciences companies on Wednesday announced that it has signed a multi-year contract with a leading global pharmaceutical company. 

Nifty is moving in a downward channel and the leading indicator, RSI is in an upward channel. This divergence of price making a lower high and the RSI making a higher high is giving clear signs of suspicions. We have not seen this kind of negative divergence after March 2020.  

ICICI Prudential Mutual Fund has come up with its healthcare ETF offering. The scheme will open soon for the subscription. Read onto find out more.

A long build-up was seen in Nifty PSU Banks with PNB climbing 7.7 per cent with an open interest addition of 13.90 per cent. Bank of Baroda also witnessed an addition of 7.60 per cent in the open interest with a price rise of 5.44 per cent. Canara Bank has seen the addition of 1.99 per cent while SBI saw an addition of 1.55 per cent in the open interest.  

A summary of the most important economic news that moved markets during the week.

Why should a first time/novice investor avail the services of a stock adviser. Know more in this article.