Indian markets are likely to open with a positive bias on Thursday aided by strong close on Wall Street overnight. At 7:50 am, SGX Nifty was up by 6.50 points trading at 11,317.50 levels. The zone of 11,340-11,380 is a stiff resistance for the bulls and as long as the index stays below this level do not expect a runaway rise. 

The 20-DMA is likely to act as an important support in the near term, and on the upside, the bulls need to pierce the zone of 11,340-11,380 to extend its upmove. Stocks in news: Affle, Genus Power Infrastructures, Adani Power, Wipro.

The consolidated net sales reported in Q1FY21 came in at Rs 5,924.78 crore, which increased by 8.82 per cent YoY from Rs 5,444.6 crore in Q1FY20. 

The consolidated net sales reported in Q1FY21 came in at Rs 336.55 crore, which declined by 5.12 per cent YoY from Rs 354.72 crore in Q1FY20. 

CARE Ratings announced on Wednesday that it has signed a memorandum of understanding (MoU) with Tresata, a global leader in artificial intelligence (AI) & predictive analytics software in a bid to launch predictive intelligence business solutions in India.

The domestic benchmark indices closed flat with a negative bias on Wednesday as Sensex declined by mere 37.38 points or 0.10 per cent to settle at 38369.63.

The sales growth for these two businesses for the first quarter also reflected the same. It reported 10 per cent growth in the content solution business for the quarter.

The value theme was laggard for quite some time. However, it is likely to pick up any time around. Here is a list of the top-performing value funds.

One of the leading diagnostics company, Metropolis Healthcare, reported its first-quarter result of FY21 on Tuesday. Owing to the nationwide lockdown, its consolidated net sales in Q1FY21 dipped nearly 30 per cent YoY to Rs 143 crore

Equity funds from Axis mutual fund have remained the favourite of investors, however, in the last few months funds from this AMC are lagging in performance.