The shares of Prestige Estate Projects Limited moved up by almost 10 per cent on Monday, after the company’s wholly-owned subsidiary, Prestige Falcon Realty Ventures Private Limited (PFRVPL), acquired 50 per cent stake in Lokhandwala DB Realty LLP.

Considering the daily time frame, the banking benchmark index, Bank Nifty is trading in head and shoulders pattern since the last 44 trading sessions. The head and shoulders pattern formation occurs when a market is in a bullish trend.

The stock of Avenue Supermarts Limited forms a bearish engulfing candlestick pattern of the daily time frame.

BSE Sensex ended at 41,528.91, down by 416.46 points or 0.99 per cent after trading in a range of 41,503.37 and 42,273.87. There were 9 stocks advancing, against 21 stocks declining on the index.

Recently, the Association of Mutual Funds in India (AMFI) has proposed a few points for the Budget 2020 to aid Indian mutual fund industry towards growth. Let’s find out what are they!

On Monday, Bharati Airtel announced a partnership with Google Cloud to offer G Suite to Small and Medium-sized Business (SMBs) in India as part of its integrated Information and Communications Technology (ICT) portfolio, thus helping to serve the evolving need of millions of Indian businesses in a rapidly digitising economy.

The shares of Lupin Limited, a multinational pharmaceutical company based in Mumbai (Maharashtra), went down by around four per cent on Monday.

On the global front, US dollar strengthened as economic data pointed to strength right across the US economy, reducing the likelihood of any further interest rate cuts by the Federal Reserve.

The market opened in the green on 20th January making new all time high and breaching 12400 mark for the first time ever, overall volumes in futures & options currently stand at 1,14 crore contracts with a turnover of Rs. 8,37,592.91 crore.