The market opened in the green on March 26, 2020. The previous trading session witnessed the Sensex going up by 7 percent to end at 28,535.27 and the Nifty was up by 6.62 percent to close at 8,317.38.

Prime Minister Narendra Modi has announced a complete lockdown for the next 21 days. This should not act as a deterrent for the investors who are looking to invest.

India Grid Trust today announced the acquisition of transmission asset, East North Interconnection Company Limited (ENICL), from Sterlite Power at a valuation of USD 134 million.

In the same filing to the exchanges, the company also added that it would repay the total amount within 90 days and release entire pledged shares with the investment firm.

With this, the total installed capacity of Khargone Super Thermal Power Project, NTPC and NTPC Group has become 1,320 mw, 50,355 mw and 58,816 mw, respectively.

We would advise traders to keep an eye on 8,550-8,600 levels on the upside, if the index is not able to move past the zone then, it may fall back towards 8,000-8,100 mark. Stocks in news: DeltaCorp, NTPC, TVS Motor Company, Cummins India, REC.

Indian markets may witness a soft opening as SGX Nifty indicates a minor drop of 11 points at the opening bell as cues from Asian markets are negative and a pullback was seen from higher levels on Wall Street in the latter half of trading session overnight.

The stock of Larsen & Toubro forms a bullish engulfing candlestick pattern on the daily time frame. Interestingly, the daily RSI has broken out of falling wedge pattern, which is a bullish sign.

Ashok Leyland submitted a report of receiving ratings from CARE Ratings. As a result of this, the stock of the company fell by around four per cent.

The indices helped by gains in Reliance Industries Ltd closed nearly 15 per cent intraday. The stock reacted positively to the media reports of Facebook eyeing 10 per cent stake in the company.