The shares of Deep Industries ascended 11 per cent after the company secured a contract worth Rs. 3.12 crore from ONGC. The scope of services involves rig work over a period of 1 year for ONGC's Cambay Asset.

The stock of Sical Logistics, an integrated logistics service provider, on Thursday soars almost 8 per cent after the company announced that it has secured a contract worth Rs. 363.4 crore from Mahanadi Coalfields Limited.

Reversion to mean is a very strong phenomenon in the financial world and hence it holds great implications to your portfolio construction and rebalancing.

The company's Singapore subsidiary has entered a SPA to acquire 10 per cent stake a biotech start-up Inipharm Incorporated, in the US.

Zydus Cadila, a global pharmaceutical company, informed in a press release that the company has received USFDA approvals for Lansoprazole Tablets and Linagliptin Tablets.

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Following stocks are close to their 52-week low as at 12.38 p.m. on November 29, 2018.

The markets on November 29, 2018 opened gap up. BSE Sensex is trading at 36,073.22, up by 356.27 points and the Nifty is trading at 10,829.40, up by 100.55 points. 

Indian equity market showed rare resilience on rollover day for the December series on Thursday. Metals, OMCs, FMCG and media stocks powered the upward rally. Index heavyweight Reliance Industries supported the uptick.

Overall volumes in futures & options currently stand at 1.63 crore contracts with a turnover of Rs. 9,81,152.54 crore.