Adani Enterprises Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

Elgi Equipments informed the exchanges that its wholly-owned subsidiary, Elgi Compressors USA Inc, has formed a joint venture company with Bryan Becker, Managing Partner of the LLC.

BSE StAR MF contributed Rs 56,038 crore as net equity inflow during FY19-20, which is 66 per cent of the entire MF Industry Net Equity Inflow which was 83781 crore for FY19-20. BSE StAR MF contributed 61 per cent in net equity inflow i.e Rs 3806 crore out of the entire MF industry’s total of Rs 6212 crore in April 2020.

The stock of Hexaware Technologies Limited has formed a bullish engulfing candlestick pattern on the daily time frame. The bullish engulfing candlestick pattern is considered to be a bullish reversal pattern and usually occurs at the bottom of a downtrend.

Global enterprise software specialist Ramco Systems announced that WT Partnership Australia, a leading international cost and consultancy firm, has successfully implemented Ramco HR and global payroll solution in Phase I of the project, to replace the latter’s legacy systems for its Australian operations.

Global investment firm-Carlyle Group announced that its affiliated entity; CA Harbor Investments agreed to acquire an equity stake of up to 74 per cent in SeQuent Scientific Limited, the largest pure-play animal healthcare company in India.

Tata Power strategic engineering division (Tata Power SED), a division of Tata Power Company Limited, announced the signing of a contract with Ministry of Defence, Government of India, for infrastructure modernisation of 37 airfields of Indian Airforce, Indian Navy and Indian Coast Guard in a contract, which is to be executed over a period of four years.

There is an old adage attached to the month of May as in ‘sell in May and go away’. It is relevant in the current situation as the stocks have underperformed in the month of May.

Glenmark Pharmaceuticals Limited has launched a single inhaler triple therapy AIRZ-FF-a combination of two bronchodilators, Glycopyrronium & Formoterol and the inhalation corticosteroid Fluticasone propionate for chronic obstructive pulmonary disease (COPD).

The shares of the automaker company, Hero MotoCorp Limited, went up by more than six per cent on Monday after the company announced that they have sold around 10,000 units of motorcycles and scooters on resuming retail business.