Leading digital solutions & technology services company, Zensar Technologies informed the exchanges that it has been selected by Infinity Circle, a UK-based fintech company for the development of its wealth management platform.   

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

In the commodities market, copper is stealing the spotlight as its prices are seen climbing near to lifetime high in the domestic bourses. 

Tata Motors Limited has announced that it will increase prices of its passenger vehicles, averaging 1.8 per cent, depending upon the variant and model, with effect from May 8, 2021.

JSW Steel Ltd, one of the leading integrated steel companies in India, announced this morning that it has signed a memorandum of understanding (MoU) to undertake a feasibility test with JFE Steel Corporation, a strategic alliance partner.   

Mahindra Group announced on Thursday after the market hours that it is planning to set up Mahindra Advanced Design Europe (M.A.D.E) in West Midlands (UK).

The pharma sector proved to be the most crucial sector in 2020 as well as in 2021, owing to the pandemic-related situation.  

The darling of value investors, ITC is seen buzzing on the bourses today. The stock is up by nearly 1.8 per cent and it is forming a bullish Marubozu candle, which has no or minimal wicks or shadows. Moreover, the stock has seen an open interest addition of 0.59 per cent in May Futures.   

The market opened in green on May 07, 2021.

The market opened in green on May 07, 2021, overall volumes in futures & options currently stand at 8,79,50,827 contracts with a turnover of Rs. 79,71,454.91 crore.