SGX Nifty is indicating a positive start of the day and what’s helping the cause are positive global cues and a steep fall in crude oil prices. Currently, SGX Nifty is trading up by 15 points at 11,722 level. However, we will advise the readers to be cautious and not jump or start buying.

Larsen & Toubro (L&T) and arms manufacturer company-MBDA, through their joint venture-L&T MBDA Missile Systems Limited (LTMMSL) has set up a missile integration facility.

The share price of Shilpa Medicare gained around six per cent today, after the company received an approval from US Food and Drug Administration (USFDA) for Pirfenidone tablets, which is used to treat idiopathic pulmonary fibrosis.

Ahluwalia Contracts informed the bourses that it has secured an order worth Rs 1,254 crore from Central Public Works Department (CPWD), Jammu (J&K)

The market opened in the red on February 3, 2020. The previous trading session witnessed the Sensex going down by 987.96 points to end at 39,735.53 and the Nifty was down by 300.25 points to close at 11661.85. 

PAT for the quarter jumped nearly 29 per cent YoY Rs 4,142 crore. This was due to a lower effective tax rate in Q3FY20.

The market opened in the red on February 3, 2020. The previous trading session witnessed the Sensex going down by 987.96 points to end at 39,735.53 and the Nifty was down by 300.25 points to close at 11661.85. 

The market opened in the red on February 3, 2020. The previous trading session witnessed the Sensex going down by 987.96 points to end at 39,735.53 and the Nifty was down by 300.25 points to close at 11661.85.

Zydus Cadila has received an approval from Drug Controller General of India (DGIA) for the use of Saroglitazar Magnesium in the treatment of type 2 Diabetes Mellitus as an additional therapy with Metformin.

With the recent Budget announcements, Finance Minister Nirmala Sitharaman abolished the Dividend Distribution Tax (DDT). So, let’s find out whether abolishing DDT would benefit dividend yield funds or not!