The banking benchmark index, Bank Nifty, opened today’s trading session with an upside gap but failed to show a follow-through move and tumbled down. As a result, it formed a bearish engulfing candlestick pattern on the daily scale.

The stock of Berger Paints India Limited has given a downward sloping trendline breakout, formed by connecting swing highs from April 2020. This breakout was confirmed by the above 50-day average volumes.

Markets remained volatile during today's trading session, ahead of the expiry of June series derivative contracts tomorrow. Erasing the day gains, Sensex slipped by over 800 points from its day high on Wednesday, to close at 34,868.98 which is 561.45 points or 1.58 per cent lower than its previous close, while Nifty fell by 165.70 points or 1.58 per cent to settle at 10,305.30.

ICRA and CARE has downgraded the ratings for the aforesaid instrument as (ICRA) D and CARE D (Single D) took into account the net loss of Rs 16,418 crore reported by the company in FY20 as well as the CRAR of 8.5 per cent. 

Zydus Cadila on Wednesday announced that the company has received an approval from United States Food and Drug Administration (USFDA) to market Meclizine Hydrochloride tablets. 

Vaishali Pharma has forayed into the domestic pharmaceutical market by launching two antifungal brands under dermatology therapy segment.

The market opened in the green on June 24, 2020. The previous trading session witnessed the Sensex going up 519.11 points to end at 35,430.43 and the Nifty was up 159.80 points to close at 10,471 .

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The market opened in the green on June 24, 2020. The previous trading session witnessed the Sensex going up 519.11 points to end at 35,430.43 and the Nifty was up 159.80 points to close at 10,471 .

The market opened in the green on June 24, 2020, overall volumes in futures & options currently stand at 2.35 crore contracts with a turnover of Rs. 13,82,702.23 crore.