Sonata Software reported its fourth quarter result of FY20 on Monday. Its consolidated revenue for the quarter came in at Rs 928.68 crore, registering decline of 24.92 per cent QoQ

The market opened in the red on May 12, 2020. The previous trading session witnessed the Sensex going down by 81.48 points to end at 31,561.22 and the Nifty was down 12.3 points to close at 9,239.20.

Seamec Limited announced that it has secured a contract with construction engineering company, L&T Hydrocarbon Engineering for the deployment of its diving support vessel (DSV) named-Seamec Princess for working at Mumbai High Offshore.

The market opened in the red on May 12, 2020, overall volumes in futures & options currently stand at 1,61 crore contracts with a turnover of Rs. 8,29,845.86 crore.

The market opened in the red on May 12, 2020, overall volumes in futures & options currently stand at 1,61 crore contracts with a turnover of Rs. 8,29,845.86 crore.

Glenmark Pharmaceuticals Limited has initiated phase 3 clinical trials in India on antiviral tablet-Favipiravir, for which it had received an approval from India’s drug regulator-DCGI in late April. Glenmark is the first company in India to initiate phase 3 clinical trials on Favipiravir for COVID-19 patients in India.

Indian automobile manufacturer, Ashok Leyland, announced that it is planning to raise Rs 300 crore through the issuance of redeemable, non-convertible debentures (NCDs) on a private placement basis.

The zone of 9,188-9,240 is a crucial support level as 38.2 per cent retracement level and 20-DMA is placed in this region. A move below this level could take Nifty towards 8,972 levels in the short-term. Stocks in news: IND-Swift Laboratories, Ashok Leyland, InterGlobe Aviation.

Markets worldwide have been gripped by fear of the viral infection resurging as report suggested that new Coronavirus cases have been found in countries such as China and South Korea. This pessimism is likely to attack Dalal Street and hence, SGX Nifty is indicating a negative start as it is down by 68 points at 9,147 level.

Tata Tea, a part of Tata Consumer Products Limited, the multinational non-alcoholic beverages company, has partnered with Help Age India to support senior citizens in the ongoing pandemic situation.