Monday saw bears putting pressure on the markets with concerns over a new variation of the COVID-19 virus and dominating the market moods. The new stricter lockdowns in the UK led to travelling curbs in Europe; hence,  leading to a sharp sell-off in travel-related stocks in Europe. 

Sensex dipped by 1,406.73 points or by 3 per cent on Monday to settle at 45,553.96. Following is a list of stocks that will remain in focus today - Thermax Ltd, JSW Steel, Kolte-Patil Developers, UFO Moviez, and Tata Motors.

The stock of Firstsource Solutions Limited was trading in an upward channel since October 2020. However, on Monday, the stock has given a breakdown of the upward sloping trendline of the rising channel, which suggests a correction before another northward journey.

Interest rates on fixed income instruments are lower than that of inflation. So, what should investors do in such a scenario? Let’s find out.

The identical three crows’ candlestick is a bearish reversal pattern. The pattern occurs when the bears overtake the bulls during three consecutive trading sessions. The pattern shows three bearish long body candles on the pricing chart with short or no shadows. This pattern usually indicates a weakness in an established uptrend as well as the potential emergence of a downtrend.

The stock of SpiceJet Limited has given a downward sloping trendline breakout as on November 11, 2020, and thereafter, witnessed over 100 per cent upside in just 21 trading sessions. However, on Monday, the stock has formed a bearish island reversal pattern on the daily chart.

Global Aviation software specialist Ramco Systems announced on Monday that it would implement its flagship aviation software, Ramco Aviation M&E MRO Suite for Iberia Maintenance (Iberia MRO), one of Europe’s leading MRO service providers in IAG Group. 

On Monday, bears created chaos as the domestic markets witnessed a sharp fall i.e. the biggest intraday fall since March 2020.  

Oil & Natural Gas Corporation (ONGC) undertook the process of producing oil during the weekend from the well Asokenagar-1, Bengal Basin in 24 Paragana district.  

The market opened in red on December 21, 2020.