The rating agency also focussed on the strong liquidity position of the company. Its statement said that the liquidity stood around Rs 4,500 crore (cash as well as CC & WCDL) and Rs 13,000 crore from sanctioned term loans, debentures etc.

The immediate level resistance placed at 9,227 will act as a point of control. Only above this level, Nifty may test the levels of 9,290 and 9,365. In any case, if Nifty sustains below 9,189, it can test 9,142 and 9,014 levels. Stocks in news: Neuland Laboratories, Vakrangee, BOSCH, Tata Motors, Cadila Healthcare.

Welcome to the last trading session of the week! Today, SGX Nifty is flashing green as Asian peers are trading with healthy gains and overnight, Wall Street ended on a positive note. Currently, SGX Nifty is trading up by 98 points at 9,294 level.

The stock of Godrej Industries Limited has formed a bullish engulfing candlestick pattern on the daily time frame.

On Thursday, the stock has given a neckline breakdown of the double top pattern. This breakdown was confirmed by the above 50-day average volumes. 

Today’s session for domestic indices was again very volatile but the indices this time closed in red as Sensex dropped by 242.37 points or 0.76 per cent to the level of 31,443.38 while, Nifty fell by 71.85 points or 0.78 per cent to reach 9,199.05 level.

Most of the senior citizens tend to rely heavily on real estate for regular income. However, let’s find out whether or not it should form a part of your retirement strategy.

The shares of Salasar Techno Engineering Limited were trading in green on Thursday after the company announced that it has secured an order for the construction of 220 and 66 kV transmission lines in Yamuna Nagar and Ambala area on a turnkey basis received from Haryana Vidyut Prasaran Nigam Limited (HVPNL).

CARE revises the credit rating of Ashok Leyland a notch down from CARE AA+; negative (double A plus; Outlook: negative) to CARE AA; negative (double A; Outlook: negative).

Welspun Enterprises, part of US$ 2.7 billion Welspun Group, announced on Thursday that it is planning to acquire a build-operate-transfer (BOT) project from Essel group company namely, Mukarba Chowk-Panipat Toll Roads Limited, subject to final approval by National Highways Authority of India (NHAI).