The bulls took a pause around the 20-DMA, which is placed right near the mid-way of the big bearish bar of October 28. Thus, the opening of the index on Wednesday as well as the price action thereafter would be crucial to watch out for.

Indian markets staged a strong rally on Tuesday and interestingly, India Volatility Index (India VIX) cooled off nearly 4 per cent to 24.24 before a major event such as the US Presidential Election.

Sensex closed Tuesday’s session up by 503.55 points or 1.27 per cent from Monday’s close to end the session at 40,261.13 levels while Nifty was up by 144.35 points or 1.24 per cent at 11,813.50 levels.

Tata Consultancy Services (TCS) today announced its partnership with B3i Services AG to design, develop & launch ecosystem innovations based on distributed ledger technology (DLT) for the insurance industry.

In this article, we have listed down some of the best performing funds in the month of October 2020. Read on to find out more.

The stock price took this development with positive sentiment. As per the last reported order balance status of the company, there was a decline of more than 50 per cent YoY in new order bookings, for the first quarter.

Wipro Ltd has launched its dedicated Wipro AWS Business Group (WABG). This new business group is developed to fast-track customers' cloud transformation journey on AWS. The announcement came on Monday after the market was closed for the day.

The stock has formed a homing pigeon candlestick pattern on the daily timeframe. This signals the weakening of the short-term downtrend and may reverse to the upside after the confirmation candle.

Early trends on SGX Nifty are indicating a cheerful opening on the back of strong global cues. SGX Nifty is up by 77 points and trading at 11,758. Watch out for the 20-DMA on Nifty, which is placed around 11,816 levels. It could act as a resistance point in the near term.

The level of 11,550-11,540 is acting like a strong wall of support and once this level is breached, it’s likely to invite incremental weakness.