On the upside, Nifty may witness resistance in the zone of 11,660-11,680 level. On the downside, immediate support is placed in the zone of 11,490-11,460 as it is a confluence of upward sloping trendline support and 20-hour MA. Stocks in news: Jindal Stainless Ltd, Punjab & Sind Bank, Hindustan Aeronautics Ltd, Affle (India) Ltd.

Early trends in SGX Nifty indicates a flat start for the markets.

The company reported consolidated net sales of Rs 692.53 crore in Q1FY21, which declined by 60.29 per cent YoY from Rs 1744.07 crore in Q1FY20.

The company reported consolidated net sales of Rs 350.98 crore in Q4FY20, which declined by 24.35 per cent YoY from Rs 463.97 crore in Q4FY19.

The share price of Affle (India) Ltd hit its upper circuit on August 26, 2020, and made a new 52-week high after the company announced that it has won the contract from Singapore Government to build a ‘digital & cloud-based commuter survey platform’ for the countries’ Land Transport Authority (LTA).

Infosys on Wednesday announced the launch of AI-driven ‘cognitive email workbench’ solution that gives enterprises an ability to augment query management and scale their helpdesk operations

KNR Constructions Limited has won an order worth Rs 1,157 crore (including GST) by Highways Department of Government of Tamil Nadu.

In what proved to be an encouraging day of trading for investors, the Sensex jumped by more than 230 points or 0.59 per cent to close at 39073.92 levels. Nifty managed to close at 11549.60 levels, up by 77.35 points or by 0.67 per cent.

BSE Auto index, which is mostly led by two-wheeler stocks, gained by 1.50 per cent and was one of the top index gainers amongst all sectoral indices on Wednesday.

Lupin Limited and Mylan NV announced the launch of Nepexto, biosimilar etanercept, in the German market.