On Thursday as well, Sensex and Nifty closed in green, thus witnessing second consecutive day of recovery post the downfall experienced by Indian benchmark indices on April 21, 2020. Today, Sensex closed up by 1.54 per cent which is 483.53 points at the level of 31,863.08 while, Nifty climbed by 1.38 per cent which is 126.60 points to the level of 9,313.90.  

According to the report, in Q3 FY2020, the revenue of ICRA’s sample of 12 large logistics players had declined by 2.6 per cent YoY, as compared to a growth of 18.6 per cent in Q3 FY2019 and 1.9 per cent in Q2 FY2020, in-line with the continued moderation in GDP growth, which hit 27-quarter low of 4.7 per cent, leading to a subdued freight availability. 

The market opened in the green on April 23, 2020. The previous trading session witnessed the Sensex going up by 2.4 percent to end at 31,379 and the Nifty was up 2.3 percent to close at 9,187.
 

The market opened in the green on April 23, 2020. The previous trading session witnessed the Sensex going up by 2.4 percent to end at 31,379 and the Nifty was up 2.3 percent to close at 9,187.

The market opened in the green on April 23, 2020, overall volumes in futures & options currently stand at 2,17 crore contracts with a turnover of Rs. 11,05,881.91 crore.

The market opened in the green on April 23, 2020, overall volumes in futures & options currently stand at 2,17 crore contracts with a turnover of Rs. 11,05,881.91 crore.

The level of 8,947 is crucial on the downside and on the upside, 9,390 is a level to watch out as resistance. Stocks in news: Deepak Nitrite, HDFC Life, KNR Construction, Welspun Corp, TVS Motor.

In early action, SGX Nifty is seen hovering around the neutral line, indicating that Indian markets may open on a flat note on Thursday. However, we expect that the stock specific action would continue and in the latter part of the day, we might witness some wild swings on account of weekly expiry.

Housing Development Finance Corporation Limited (HDFC) announced that it has made home loans cheaper by reducing interest rates by 15 bps, with effect from April 22, 2020. 

Termed as the largest FDI deal in India, Facebook is set to invest Rs 43,574 crore in Reliance’s subsidiary for digital services-Jio Platforms. As a result on Wednesday, the stock of Reliance Industries gained by 10.30 per cent thereby, leading Sensex to rally by 742.84 points, which is 2.42 per cent higher to be at the level of 31,379.55. Nifty also gained by 205.85 points, which is 2.29 per cent to reach at 9,187.30 level.