Oscillating between positive and negative terrain, key equity benchmarks witnessed a relief rally in the last hour of trade, which helped in closing the session near intraday high levels on Wednesday. Markets rebounded from previous day fall, with the Sensex and the Nifty, closing at 40,850.29 and 12,037.30 levels, respectively.

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The Dubai based subsidiary of Ramco Systems, Ramco Systems FZ-LLC, secured a five-year order from one of the largest independent family-owned multinational in the Middle East for implementation of Ramco Logistic ERP. 

The commercial vehicle segment also further registered a decline in sales figures according to latest published data by these companies. The industry major Ashok Leyland reported a 25 per cent decline in sales for November 2019 compared to the same month last year. 

The construction arm of L&T Limited has secured orders from prestigious clients across various Indian states for its varied businesses. The order values are between Rs. 1,000 crores and 2,500 crores.

The market opened lower on December 4, The previous day witnessed the Sensex going down by 0.3 percent to close at 40,675.45 while Nifty fell 0.45 percent to close below 12000.

The market opened lower on December 4, The previous day witnessed the Sensex going down by 0.3 percent to close at 40,675.45 while Nifty fell 0.45 percent to close below 12000.

HDFC Asset Management’s promoter, Standard Life Investments, is selling around 2.23 per cent stake, representing 4,750,000 equity shares of total equity share capital of the company. 

Nitco Limited has entered into a non-binding term sheet to appoint Hines India Real Estate Pvt. Ltd. as a development manager for providing end-to-end services for office/mixed-use development on the 4-acre plot with a development potential of approx 1.3 million sq. ft. of leasable/ saleable area.

On 4th December, overall volumes in futures & options currently stand at 1.38 crore contracts with a turnover of Rs. 9,78,982.48 crore.