Hindustan Computers Limited (HCL) Technologies, a subsidiary of HCL Enterprise, announced the launch of a dedicated Microsoft Business Unit (MBU) in order to help joint customers by taking initiatives related to digital transformation.

The market opened in the green on 22nd January, overall volumes in futures & options currently stand at 1.80 crore contracts with a turnover of Rs. 12,82,524.23 crore.

The market opened in the green on 22nd January, overall volumes in futures & options currently stand at 1.80 crore contracts with a turnover of Rs. 12,82,524.23 crore.

The market opened in the green on 22nd January. The previous day witnessed the Sensex going down by 0.49 percent to end at 41,323.81 and the Nifty was down by 0.45 percent to close at 12,169.85.

The market opened in the green on 22nd January. The previous day witnessed the Sensex going down by 0.49 percent to end at 41,323.81 and the Nifty was down by 0.45 percent to close at 12,169.85.

One of the leading pharmaceutical companies, Glenmark Pharmaceuticals, sold its gynaecology business in India and Nepal to Integrace Health Pvt Ltd, backed by a private equity firm, True North, to cut down debt of the company.

We expect the buying interest to emerge around the 12,045-12,120 levels as it is a crucial support level for the index in the near term. On the higher side, the level of 12,230-12,250 is likely to act as a resistance area. Stocks in news: Biocon, Glenmark Pharmaceuticals, Bharti Airtel, PEL, ZF Steering Gear India, Vodafone Idea.

The outlook for the day is a flat to positive start as SGX Nifty trade with gains of 30 points at 12,221 levels. However, it would be interesting to see whether or not markets hold its initial gains or traders will use pullback rally to take profit off table and initiate short positions.

The following stocks will be in focus during Wednesday’s trading session in the light of their result announcements: Asian Paints, Axis Bank, Raymond, Larsen & Toubro and SBI Life Insurance Company.

Dish TV and Airtel Digital TV have stalled their merger over differences of the company’s structure, according to reports. However, Bharti Airtel’s Direct-to-Home (DTH) arm-Airtel Digital TV continues to offer its shares, post local reports on a possible merger last year.