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Tata Elxsi opens Global Engineering Centre with Schaeffler Technologies

rishikesh gaikwad / Article rating: 3.6

Tata Elxsi, a global design and technology services company, announced the opening of a Global Engineering Centre (GEC) with Schaeffler Technologies AG & Co. KG, a world leader in providing mechatronics solutions for the transportation industry. Schaeffler Group is a global supplier to the automotive and industrial sectors.

Trending stock: Advanced Enzyme Technologies jumps 16 per cent; touches 52-week high

Geyatee Deshpande / Article rating: 4.2

It is the expiry day and the markets have already witnessed a sharp fall. This is for the second time in a week that bears have shown such a tightening grip on the domestic markets, spreading red colour over Sensex and Nifty. Sensex was down by around 678 points or 1.80 per cent at 36,990 levels.

Nifty trend and stocks in action on September 24, 2020

Karan DSIJ / Article rating: 4.3

So, let’s see whether these divergences help to revive the bulls or not as this turns out to be a trick by bears just to trap buyers. As long as Nifty trades above Wednesday’s session low of 11,024, expect a pullback in the market, while the breach of 11,024 could deepen the wounds of bulls as the correction could extend towards 10,940-10,900. Stocks in news: Hexaware Technologies, Datamatics, TCS, Aurionpro Solutions, IRCON. 

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