The contract is to construct the country’s longest road bridge across the River Brahmaputra connecting Dhubri (Assam) to Phulbari (Meghalaya). It will be a 19 km long bridge, which would be built alongside National Highway 127-B.

It further mentioned that from a gross value-added point of view, de-growth will be 9.4 per cent in Q2FY21. It based its optimism on the development in agriculture, forestry, financial services, real estate, and professional services.

RBI rejects Muthoot Finance’s proposal to acquire IDBI AMC on the ground that the activity of sponsoring a mutual fund or owning an asset management company is not in consonance with the activity of an operating NBFC.

Just like, ‘you’ve put on some weight’ is a standard remark after Diwali as people consume a lot of sweets during this festive season, ‘markets hit a new high’ is becoming another such standard remark bolstered by record-buying by the FIIs as the latter have pumped in more than 55,000 crore in equities till now in the month of November.

As the breakout has occurred above the 12,968 levels and if we add 230 points, we would get an approximate target of 13,200. As long as the index trades above the gap area of Tuesday (12,968-12,978), be with a bullish bias.

The stock of Natco Pharma Limited was picked by our Bollinger Band squeeze scanner, which suggests that the stock is near a consolidation breakout.

On Tuesday, the stock has formed a bearish engulfing candlestick pattern on the daily timeframe, which suggests a possible trend reversal. The bearish engulfing candlestick pattern is considered to be a bearish reversal pattern that usually occurs at the top of an uptrend.

Leading global Fintech solutions provider, Infibeam Avenues Limited announced its collaboration with Bank Muscat, Oman's biggest Bank, in a move aimed to offer payment processing services under the flagship brand CCAvenue to merchants in Oman. This would also give a boost to the e-commerce sector in the region.

Midcap stocks are showing good strength recently even as BSE Midcap index is up by 3.50 per cent in one week, 13.61 per cent up in one month, and 72.11 per cent up since March lows. 

The steel wheel producer confirmed that it has received an export order for nearly 62,000 wheels for the United States & European Union market amounting to USD 8,78,000.