Wipro Limited, a leading global information technology, consulting & business process services company announced on Tuesday that the company is in the process of setting up an innovation centre in Holborn (London). 

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.  

Axis Mutual Fund on April 30, 2021, launched Axis Healthcare ETF, which is currently open for subscription. Read onto find out more about it.

Goldiam Group has received confirmed additional export orders worth Rs 50 crore from its international clients for manufacturing of diamond-studded designed gold & lab-grown diamonds jewellery.

An information technology (IT) solutions provider, Mphasis Limited, which specialises in cloud and cognitive services, is expanding its footprint in the UK with a special focus on customer-led digital transformation initiatives in banking & insurance. 

The market opened in green on May 04, 2021.