On Tuesday, the stock has formed a reversal 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.

After crawling for almost five to six trading sessions in the past, the Indian indices mirroring weak cues from global peers are likely to witness a free fall at the opening bell as at 7:55 am, SGX Nifty was trading down by a staggering 118.5 points at 11,222 levels.

If the index moves below 11,280, bears would have an advantage, while above 11,380, the bulls would break the shackles and regain their power. Stocks in news: JMC Projects, KRBL, Hexaware, Eicher Motors.

The market is inching up by taking cues from the global markets in spite of the surge in the COVID-19 cases. The pharma stocks are rallying, which shows its maximum strength in 2020, so far.

The consolidated net sales reported in Q1FY21 came in at Rs 469.61 crore, which declined by 37.27 per cent YoY from Rs 748.57 crore in Q1FY20.

Federation of Automobile Dealers Associations (FADA) in its latest data has shown that the passenger vehicle (PV) retail sales declined by 25.19 per cent to 1,57,373 units in July 2020 as compared to the sales of 2,10,377 units in July 2019 as Coronavirus pandemic continued to impact vehicle offtake

CRISIL has reaffirmed its 'CRISIL A1+' rating on the commercial paper programme of Jubilant FoodWorks Limited. The rating continues to reflect an established market position in the quick-service restaurant (QSR) segment, healthy operating efficiency driven by a robust supply-chain network, and a strong financial risk profile.

The company also informed that it has launched two products during the quarter in the US market. This has taken the total tally of products to 175 US generics market.

The Sensex closed today at 38407.01 by gaining 224.93 points or by 0.59 per cent whereas the Nifty registered 52.35 points or 0.46 per cent to settle at 11322.50. The metal, banking stock and pharma stock did well in today’s buying session.

Like AMFI did campaigning for mutual funds, now even Life Insurance Council has come up with such a campaign for life insurance.