The market opened in the red on May 14, 2020. The previous trading session witnessed the Sensex going up by 2.03 percent to end at 32,008.61 and the Nifty was up 2.03 percent to close at 9,383.55.

The market opened in the red on May 14, 2020, overall volumes in futures & options currently stand at 2,27 crore contracts with a turnover of Rs. 11,80,265.29 crore.

The market opened in the red on May 14, 2020, overall volumes in futures & options currently stand at 2,27 crore contracts with a turnover of Rs. 11,80,265.29 crore.

The low of Wednesday’s session would be crucial to watch out as sustaining below 9,350 level, could lead the index towards 9,116 levels. While on the upside, sustaining above 9,450 mark, could open gates for 100-200 points rally on the upside. Stocks in news: Datamatics Global Services, Kingfa Science & Technology, Infosys, Maruti Suzuki India, PNC Infratech.

On Thursday, Indian markets are set for a negative start as SGX Nifty indicates a gap-down opening. At the time of writing, SGX Nifty was down by 151 points at 9,248 level.

The stock of REC Limited has given a downward sloping trendline breakout on the daily time frame. This breakout is confirmed by above 50-day average volumes.

The government tenders of up to Rs 200 crore would not be the global tenders. This creates a higher window to MSMEs in grabbing more business opportunities as there will be no international players in the bidding process.

Dr Reddy’s Laboratories, a multinational pharmaceutical company, announced that the company has received an establishment inspection report (EIR) for Srikakulam formulations plant.

Hexaware Technologies Ltd, one of the fastest-growing next-gen providers of IT services, has launched Amaze for Data & AI, the new cloud transformation solution for taking on-premise data warehouses and analytics ecosystems to cloud.

Operating profit during the period tanked nearly 50 per cent YoY to Rs 723.4 crore. Operating margin in the quarter deteriorated by almost 280 bps from corresponding quarter of previous year to 4.2 per cent.