MIDHANI: MIDHANI and HAL signed a memorandum of understanding (MoU) at the ongoing Aero India 2021 for the development & production of composite raw materials. This is the first time that such an MoU has been signed for composite raw materials.

Meanwhile, Nifty had formed a bullish candle with a lower shadow, carrying higher high & higher low and indicating the continuation of a positive bias. At the same time, the index negated a bearish implication of spinning top, which was formed on Wednesday. Further, the implication of a bearish candle, which was formed on the weekly chart, has also been negated.

On Thursday, Hindustan Aeronautics Limited announced that it has signed a contract with GE Aviation for the development & supply of ring forgings for GE Aviation military and commercial engine programmes.  

On Thursday, the shares of RPP Infra Projects Ltd jumped by more than 2 per cent after the company announced that its JV, of which, it holds 49 per cent, secured work orders worth Rs 174.03 crore in Chennai, India. 

On Thursday, bulls continued to dominate the domestic stock markets. Sensex rallied by 358.54 points or 0.71 per cent to close 506.29 levels while Nifty rose by 105.70 points or 0.71 per cent to settle at 14,895.65. 

Bharat Heavy Electricals Limited (BHEL) today announced that it has successfully commissioned the second unit (800 MW) of 2x800 MW Gadarwara Super Thermal Power Project stage 1. 

The market opened in red on February 04, 2021.

The market opened in red on February 04, 2021, overall volumes in futures & options currently stand at 4,43,52,960 contracts with a turnover of Rs. 42,11,837.60 crore.

The market opened in red on February 04, 2021, overall volumes in futures & options currently stand at 4,43,52,960 contracts with a turnover of Rs. 42,11,837.60 crore.

Reliance Marcellus, LLC (RMLLC), a wholly-owned subsidiary of Reliance Industries Limited (RIL) announced the signing of agreements on Thursday to divest all its interest in certain upstream assets in Marcellus shale play of south-western Pennsylvania.