A fresh momentum on the buy-side will be seen on closing above the 12,300 mark and the level of 12,180-12,200 is likely to act as the immediate support level. Stocks in news: Dr Reddy’s Laboratories, Chalet Hotels, Piramal Enterprises, Kirloskar Electric, PTC India Financial Services.

As market participants enter the final trading session of the CY 2019, the markets have to deal with global weakness, which is sure to spill on to the Indian shores as well. SGX Nifty, which is currently trading almost 42 points below its yesterdays close, is already reflecting it.

Bajaj Auto Limited was picked by our Bollinger Band squeeze scanner, which suggests that the stock is near a consolidation breakout.

Inox Wind informed the exchanges of its signing a term sheet with Continuum Power Trading (TN) Private Limited, which is a part of Continuum Wind Energy group for an EPC contract for 250 MW.

Dr. Reddy’s Laboratories announced the launching of Sodium Nitroprusside injection, 50 mg/2 mL (25 mg/mL) single-dose Vial in the U.S. Market. It is the therapeutic generic equivalent of Nitropress (sodium nitroprusside) Injection, 50 mg/2ml vial, belonging to Hospira, Inc. and was launched post the USFDA approvals.

A new company by the name of Power Mech Environmental Protection Private Limited has been incorporated as a wholly owned subsidiary by Power Mech Projects Limited.

BSE Sensex ended at 41,558, down by 17.14 points or 0.04 per cent, after trading in a range of 41,453.38 and 41,714.73. The broader indices ended in green. The BSE Mid cap index rose 0.24 per cent while Small cap index was up by 0.68 per cent.

The market opened in the green on 30th December. On 27 December Friday the Sensex was up by 411.38 points to end at 41,575.14 and the Nifty was up by 0.60 percent to close at 12,245.80.  

The market opened in the green on 30th December. On 27 December Friday the Sensex was up by 411.38 points to end at 41,575.14 and the Nifty was up by 0.60 percent to close at 12,245.80.  

The market opened in the green on 30th December, overall volumes in futures & options currently stand at 1.08 crore contracts with a turnover of Rs. 8,00,344.79 crore.