The market opened in red on October 26, 2020.

The market opened in red on October 26, 2020, overall volumes in futures & options currently stand at 1,58,48,172 contracts with a turnover of Rs. 11,64,474.69 crore.

The market opened in red on October 26, 2020, overall volumes in futures & options currently stand at 1,58,48,172 contracts with a turnover of Rs. 11,64,474.69 crore.

SBI Cards is a credit-card division of the banking major State Bank of India. The shares took a negative turn after the company reported a sharp rise in its NPA’s. As per investor presentation, its ratio of stressed loan accounts stood over 16.5 per cent in the September quarter.

Indian markets are likely to begin the week on a soft note as cues from the global peers are not supportive. In fact, the news of a resurge of Coronavirus cases in the West is throwing cold showers on the hopes of economic recovery.

All-in-all, the level of 12,025-12,040 is a sturdy wall of resistance and we advise that until and unless this level is cleared, look for stock-specific opportunities.

New Fund Offers (NFOs) that are open for subscription.

On Friday, Sensex closed in green, up by 127.01 points or 0.31 per cent from Thursday’s close to end the session at 40,685.50 levels while Nifty was up by 33.90 points or 0.28 per cent at 11,930.35 levels.

India’s largest pure-play credit card issuer, SBI Cards announced that it has partnered with Delhi Metro Rail Corporation (DMRC), the largest metro network in India to launch a unique combo credit card i.e. Delhi Metro SBI Card.

Bajaj Auto announced its quarterly results for Q2FY21 on October 22, 2020. The total volumes stood at 10,53,337 units, showing a decrease of 10 per cent YoY.