Jindal Stainless seems to be a buzzing stock in the markets as an increase in the volume of the company’s scrip has been witnessed recently. On Wednesday, gaining for the third straight trading session, the stock of the company jumped by more than 6 per cent intraday.

The market opened in red on October 14, 2020.

The market opened in red October 14, 2020, overall volumes in futures & options currently stand at 2,14,82,205 contracts with a turnover of Rs. 15,48,921.92 crore.

The market opened in red October 14, 2020, overall volumes in futures & options currently stand at 2,14,82,205 contracts with a turnover of Rs. 15,48,921.92 crore.

SBI Cards & Payment Services (SBI Card) today gained nearly 4 per cent intraday soon after the festive sale began. In line with the changing shopping trends, the consumers will be given discounts as well as cashback offers, across a host of brands.

A break below the level of 11,889 would open up the gate for a correction towards the levels of 11,805-11,790 while, on the upside, a break above the level of 11,988 would open up for further upmove towards 12,040-12,120.

The fierce bulls are on a rampage as they recorded gains for the ninth consecutive day on Tuesday. It seems that there would be a full stop to this merry ride of the bulls as they faced a googly ball from the IMF after they predicted that India’s GDP for 2020-21 may contract 10.3 per cent from an earlier estimate of 4.5 per cent.

On Tuesday, as the domestic markets witnessed a volatile trading session, the benchmark indices barely settled with gains. Sensex closed up by a mere 0.08 per cent or 31.71 points at 40,625.51 levels while Nifty ended flat with a positive bias, gaining by only 0.03 per cent or 3.55 points to settle at 11,934.50 levels.

Considering the daily timeframe, the stock of L&T Technology Services (LTTS) has given a downward sloping trendline breakout, formed by connecting swing highs since May 2019. Further, the breakout is supported by a robust volume of more than 10 times of 50-day average volume, indicating a strong buying interest by the market participants.

On Tuesday, the domestic markets continued to remain volatile and subdued. In spite of this, a number of stocks made fresh 52-week highs, led by investors’ confidence. Stocks such as Cipla, JK Cement, Mindtree, JSL, etc. were trending.