Considering the daily timeframe, the stock of ICICI Lombard General Insurance Company Limited is trading in the Ascending Triangle pattern since the last 32 trading sessions.

The stock of State Bank of India (SBI) formed a Bearish Engulfing candlestick pattern on the weekly timeframe. The Bearish Engulfing Candlestick pattern is considered to be a bearish reversal pattern and usually occurs at the top of an uptrend.

On Friday, the company released a press note, which said that it has secured an order from the Power Grid Corporation for 765kV GIS substation under Tariff Based Competitive Bidding (TBCB) route in Western India. 

The extent of fall was visible even with the two-wheeler tyre dominant market players, such as Apollo, Ceat, and Goodyear, reported an average volume degrowth of 12 per cent on YoY basis for the second quarter. 

The level of US$1,445 will be a major support for gold, as it is the level of 38.2 per Fibonacci retracement of a recent upward move (US$1,266-US$1,556.86).

The company, in its press release, said that it is going to acquire around 44 percent stake in Gati for nearly Rs. 416 crores, which marks its entry into the express logistics market. The said deal will be executed in multiple phases.

Gujarat State Petronet Limited (GSPL) has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

On 6th December, overall volumes in futures & options currently stand at 4.48 crore contracts with a turnover of Rs. 30,97,946.67 crore.

On 6th December, overall volumes in futures & options currently stand at 4.48 crore contracts with a turnover of Rs. 30,97,946.67 crore.

The market opened higher on 6th December, The previous day witnessed the Sensex falling  by 0.17 percent to close at 40,779.59 while the Nifty fell by by 0.21 percent to close at 12018.40.