Indian electric utility company, Tata Power Limited, announced that it has taken over the management of Central Electricity Supply Utility of Odisha (CESU).

In May 2020, NCC Limited has secured new orders. It has received four orders from agencies of State Government and does not include any internal orders.

Nifty has filled the gap of May 4 with a gap-up opening and managed to sustain above the gap-area. Going ahead, this gap-area (9,707-9,599) is going to act as a support area. On the upside, the level of 9,940-10,000 is likely to act as a strong resistance area. Stocks in news: Tata Power, Ratnamani Metals and Tubes, NCC, IRCON International, SBI Cards and Payment Services.

The mood of market would be sour Today as global rating agency Moody’s Investors Service downgraded India’s rating to Baa3 from Baa2 and changes its outlook to negative from stable. Hence, it is likely that Indian markets might open on a flat to soft note.

Investors new to the market are often perplexed about how to begin investing in mutual funds. Let us read ahead about some reference points for such investors.

Sundaram Mutual Fund has recently announced that it is set to launch an instant redemption facility in its open-ended liquid scheme. Read on to understand further.

The sales data for the month of May 2020 has been reported by automobile manufacturer, Maruti Suzuki. The company disclosed total sales of 18,539 units including domestic sales of 13,865 units whereas 23 units were sold in other OEM.

The stock of Dr Reddy’s Laboratories Limited has formed a dark cloud cover candlestick pattern on the daily timeframe. The dark cloud cover is a bearish reversal candlestick pattern, which usually occurs at the top of an uptrend.

Although we should begin analysing the effects of COVID-19 on stock markets since its outbreak, we have decided to keep it simple and examine the performances of two indices - S&P 500 and S&P BSE500. We have taken their closing values to determine the returns from January 01, 2020 to May 29, 2020.

As bulls seize command, domestic benchmark indices began the month of June with a positive bias as Nifty increased by 262.50 points or 2.74 per cent to 9,842.80 while Sensex surged by 879.42 points or 2.71 per cent to 33,303.52.