Steel Strips Wheels Limited has resumed its production across all the plants and has also, given the sales guidance for September 2020 quarter.  

The market opened in the red on June 15, 2020, overall volumes in futures & options currently stand at 1.98 crore contracts with a turnover of Rs. 11,29,960.55 crore.

The market opened in the red on June 15, 2020, overall volumes in futures & options currently stand at 1.98 crore contracts with a turnover of Rs. 11,29,960.55 crore.

Wipro Limited made an announcement today about the launch of its Digital Inspection Solution for enhanced workplace safety and experience. The solution is powered by IBM's integrated workplace management system (IWMS) IBM® TRIRIGA® and complements Wipro's present EngineeringNXT portfolio in the digital transformation of business operations.

GlobalSpace Technologies has signed a commercial contract with Cadila Healthcare, agreeing to share the use of its DocExa pro platform with Cadila. Just a month away from the formal launch of DoxExa, associating with Cadila, one of the major Indian pharmaceutical companies, is an important stepping-stone for GlobalSpace to expand its outreach.

Reliance Industries Limited (RIL) and Jio Platforms Limited, India's leading digital services platform, have informed the bourses of an investment of Rs 1,894.50 crore by L Catterton, giving it a 0.39 per cent equity stake in Jio Platforms on a fully diluted basis.

Friday’s low of 9,544 would be crucial to watch out in the coming week. On the upside, a follow through move above Friday’s high could take the index towards the levels of 10,120-10,150. Stocks in news: Reliance Industries, Tata Motors, Dr Reddy’s Laboratories, Sun Pharma, Oil India, GMR Infrastructure, Cantabil Retail India.

Welcome to a third week of June 2020! Last week Nifty halted its two-week winning streak as it closed the week down by 1.67 per cent, just below the 10,000 level.

The stock of Hero MotoCorp Limited has bounced back from the edge of the rising trendline support that is formed by connecting the swing lows from April 2020 and coincides with 20-day EMA level. The reversal from the support is further justified with strong volumes.

The stock of Chambal Fertilisers & Chemicals Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

This is the third hydrochloride-based drug which has been granted regulatory approval. This development certainly reflects signs of sustenance of the company during the economic slowdown.

On Friday, Dr. Reddy's Laboratories and its subsidiaries informed the bourses, after-market hours that the company launched Colchicine tablets USP in the US markets. The drug is available in 0.6 mg tablets in bottle count sizes of 30s and 100s.

Tata Power Company Limited (TPCL) announced that it has entered into conclusive agreements with Oldendorff Carriers GmbH & Co. KG based in Germany, through its fully-owned subsidiary Trust Energy Resources Pte Limited (TERPL), for the sale of three capesize ships - MV Trust Agility, MV Trust Integrity and MV Trust Amity. This transaction has been initiated as part of the company's plan to reduce its debt.

The PSU index which consists of 57 PSU companies dipped by 30.9 per cent to 4,803.13 as on June 11, 2020 from 6,955.57 as on December 31, 2019. Of the total 57 PSU companies included in the BSE PSU index, only four companies have managed to deliver positive returns to the shareholders as yet in this year whereas the remaining 53 companies’ stocks have tumbled significantly.

Tracking losses from global markets, domestic benchmark indices Sensex and Nifty opened in the red zone on Friday. However, the indices later erased the losses of the morning's trading session as Sensex gained by 242.52 points or 0.72 per cent to close at 33,780.89 while Nifty increased by 70.90 points or 0.72 per cent to settle at 9,972.90.

The board of directors of Hexaware Technologies convened a meeting today with an aim to take a decision on delisting of its shares. The promoter entity HT Global IT Solutions Holdings Limited had voiced its intention to make a voluntary delisting offer

The whole incident including the fire is bound to impact the financials of the company. The current lockdown scenario has already affected the normal demand-supply ratios. Moreover, the impact on its capex plans is likely to spill into the next fiscal from the current year.

The company reported that 97 per cent of loans were repaid using electronic mode of transfer whereas 3 per cent borrowers were unable to pay during lockdown.

The market opened in the red on June 12, 2020. The previous trading session witnessed the Sensex going down by 2.1 percent to end at 33,538 and the Nifty was down 2.1 percent to close at 9,902.

Wheels India Ltd. released its change in credit ratings recieved ICRA on Friday June 12 , 2020. There has been reversions in the credit ratings for commercial paper, medium term deposits and in long and short term loans. 

The market opened in the red on June 12, 2020. The previous trading session witnessed the Sensex going down by 2.1 percent to end at 33,538 and the Nifty was down 2.1 percent to close at 9,902.

United States Food and Drug Administration (USFDA) granted approval to Semglee, an insulin glargine injection co-developed by Biocon Limited and Mylan N.V, which will be in vial and pre-filled pen presentations form used to keep in check high blood sugar in adults with type 2 diabetes, and adult and pediatric patients with type 1 diabetes.

The market opened in the red on June 12, 2020, overall volumes in futures & options currently stand at 6.05 crore contracts with a turnover of Rs. 31,64,014.52 crore.

The market opened in the red on June 12, 2020, overall volumes in futures & options currently stand at 6.05 crore contracts with a turnover of Rs. 31,64,014.52 crore.

The promoters have released 15.5 lakh equity shares, which are in addition to the earlier release of 75 lakh equity shares pledged with Kotak Mahindra Investments that took place on April 23, 2020, by paying Rs 54 crore. This payment has been made towards the loan amounting to Rs 64 crore.

Thursday brought with it an announcement from pharma company, Lupin Limited stating that it had been granted approval by United States Food and Drug Administration (USFDA) for Albendazole Tablets USP, 200 mg.

IT company, Wipro Limited declared its tie-up with CloudKnox Security, a cybersecurity start-up, to enable enterprises to proactively safeguard and manage their hybrid and multi-cloud infrastructure by detecting and remediating over-permissioned identities.

There is a high correlation between downward protection and long-term outperformance. This is because protecting from losses in the falling markets leaves more capital to grow than when the market rises again.

The early trends on SGX Nifty is indicating a black Friday for the markets.

Nifty has witnessed a distribution day as it ended with sharp losses on the back of higher volume as compared to its prior session. Traders are advised not to venture into aggressive long position as long as the index stays below this level. Stocks in news: Biocon, SBI Life Insurance, Wipro, Lupin. 

It is anticipating improvements in monthly revenues of drug firms from June and believes that the seasonality aspect of Indian domestic businesses will support their recovery.

Today's trading session ended on a negative note with domestic benchmark indices absorbing cues from global stocks and US Fed's policy announcement. Sensex tanked by 708.68 points or 2.07 per cent to settle at 33,538.37 while Nifty dropped by 214.15 points or 2.12 per cent and fell below its 10k levels settling at the level of 9,902 on Thursday.

The behaviour of non-cyclical stocks in India.

The agency said it foresees India making a strong recovery after the anticipated deep contraction in FY21, with GDP growth at 8.5 per cent in FY22. As per its predictions, India's economy will shrink by 5 per cent this fiscal.

On Wednesday in line with market expectation Federal Open Market Committee (FOMC) voted unanimously to keep the fed funds rate in a range of zero per cent to 0.25 per cent

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Market indices such as Nifty and Sensex have been used as a barometer to measure the overall market performance in India for years now. But as we have witnessed from our own experiences, not only are the markets dynamic but so are the indices used to measure them. The sectors driving the market keep changing over different time periods. Different sectors perform differently in varying market conditions, thereby resulting in erratic stock performances. This also causes continuous changes in the weightage of various sectors in indices like Nifty that are free-float market capitalisation indices.

The market opened in the red on June 11, 2020. The previous trading session witnessed the Sensex going up by 0.86 percent to end at 34,247.05 and the Nifty was up 0.69 percent to close at 10,116.15.

The market opened in the red on June 11, 2020. The previous trading session witnessed the Sensex going up by 0.86 percent to end at 34,247.05 and the Nifty was up 0.69 percent to close at 10,116.15.

The market opened in the red on June 11, 2020, overall volumes in futures & options currently stand at 2.98 crore contracts with a turnover of Rs. 16,69,250.90 crore.

The market opened in the red on June 11, 2020, overall volumes in futures & options currently stand at 2.98 crore contracts with a turnover of Rs. 16,69,250.90 crore.

In the last quarter of FY20, foreign institutional investors (FIIs) reduced their stake in most of the companies while domestic institutional investors (DIIs) increased their stake.

Mutual funds are one of the most effective and efficient ways of investing. In this article, we have enumerated reasons to consider investing in mutual funds.

Amid negative cues from global peers, Indian markets are likely to open flat.

On the upside, the 100-DMA which is placed at 10,255 is likely to act as a resistance. While on the downside, the 8-DMA is acting as a support for the index. Stocks in news: TeamLease Services, TCS.

On Wednesday, pharmaceutical company, Dr. Reddy's Laboratories announced that it has successfully acquired specific business divisions of Wockhardt Limited's branded generics business in India and internationally in Nepal, Bhutan, Sri Lanka and Maldives. The business transfer agreement had been signed earlier this year, in February, for an upfront consideration of Rs 1,850 crore.

Domestic benchmark indices ended today's trading session on a positive note as BSE Sensex rallied by 290.36 or 0.86 per cent to reach the level of 34,247.05 while its NSE counterpart Nifty gained by 69.50 points or 0.69 points to settle at 10,116.15.

Investing in mutual funds generates good returns in the long-term, but certain risks remain associated with such investments. Let us discover more about such risks in this article.

The market opened in the green on June 10, 2020, overall volumes in futures & options currently stand at 2.58 crore contracts with a turnover of Rs. 14,83,359.90 crore.

The market opened in the green on June 10, 2020, overall volumes in futures & options currently stand at 2.58 crore contracts with a turnover of Rs. 14,83,359.90 crore.

In a meeting held on June 09, 2020, the board of directors of Minda Corporation Limited took the decision to file for insolvency of its German subsidiary, Minda KTSN Plastic Solutions GmbH & Co. KG (MKTSN)

Panacea Biotech Limited locked in upper circuit post-announcing its collaboration with Refana Inc. USA for the global development, manufacturing and distribution of a COVID-19 vaccine.

The market opened in the green on June 10, 2020. The previous trading session witnessed the Sensex going down by 1.2 percent to end at 33,956 and the Nifty was down 1.2 percent to close at 10,046.

The market opened in the green on June 10, 2020. The previous trading session witnessed the Sensex going down by 1.2 percent to end at 33,956 and the Nifty was down 1.2 percent to close at 10,046.

On June 09, 2020, Cipla Limited signed agreements to acquire shares signifying a stake of 21.85 per cent in GoApptiv Private Limited on a fully diluted basis.

On Tuesday, movement in Indian markets was almost a replica of Monday’s trading session as they saw a considerable deterioration from high point of the day. The only dissimilarity was that on Monday markets ended with modest gains, whereas on Tuesday they registered losses of over one per cent.

Traders would keep an eye on 9,944 level as this is a key short-term support for the index and breach of this level would mean that there is a further room for correction. Stocks in news: Garden Reach Shipbuilders & Engineers, Wipro, Cupid.

Considering the daily timeframe, the stock has formed ‘three outside down candlestick pattern’, which is representing the confirmation of bearish engulfing pattern and can only show the success of the forecast of appropriate engulfing pattern.

The stock of Advanced Enzyme Technologies Limited has given a downward sloping trendline breakout formed by connecting swing highs from January 2020. The breakout was supported by robust volumes.

In today's trading session, domestic indices dropped substantially as Sensex dipped by 413.89 points or 1.20 per cent to settle at 33,956.69 while Nifty succeeded in staying above 10K level despite strong profit booking by investors, thereby closing at 10,046.65 which is 120.80 points or 1.19 per cent lower than its previous close.

On Tuesday, state-owned company Bharat Heavy Electricals Limited (BHEL) informed the bourses that it successfully commissioned a 270MW thermal unit at the 4x270 MW Bhadradri thermal power project at Manuguru in Bhadradri Kothagudem district of Telangana.

Affle Limited informed the bourses about the signing of definitive contracts to acquire full control of Appnext, Singapore as well as 100 per cent IP of Appnext app discovery and recommendation platform. This process will be conducted step-by-step wherein the company will first acquire one-third equity ownership in Appnext and eventually, upon attainment of mutually agreed growth targets, will acquire 100 per cent equity ownership.

World Bank released its global economic outlook stating that the COVID-19 outbreak has put the global economy into severe contraction. It estimates the world economy to contract by almost about 5.2 per cent this year, demonstrating the deepest recession since World War II

Domestic AUM increased by 2.6 per cent on a sequential basis in the month of May 2020. This was led by higher inflows in debt funds.

On a consolidated level, Coal India has given guidance of 710 MT coal production during the current fiscal year despite impending challenges from the economic slowdown and resultant 'demand-supply' status for the year.

Adani Green Energy Limited (AGEL) has secured the largest solar agreement from Solar Energy Corporation of India (SECI) wherein AGEL will develop solar projects of 8 GW leading to Adani Solar establishing 2 GW of additional solar cell and module manufacturing capacity.

The market opened in the green on June 9, 2020. The previous trading session witnessed the Sensex going up by 0.24 percent to end at 34,370 and the Nifty was up 0.25 percent to close at 10,167.

The market opened in the green on June 9, 2020. The previous trading session witnessed the Sensex going up by 0.24 percent to end at 34,370 and the Nifty was up 0.25 percent to close at 10,167.

The market opened in the green on June 9, 2020, overall volumes in futures & options currently stand at 2.03 crore contracts with a turnover of Rs. 11,42,760.49 crore.

The market opened in the green on June 9, 2020, overall volumes in futures & options currently stand at 2.03 crore contracts with a turnover of Rs. 11,42,760.49 crore.

Going forward, even with the cinemas reopening, the company is of the opinion that it most likely will be unable to run on normal capacity due to requisite social distancing measures.

In terms of market capitalisation, RCF is the third largest fertilizer firm. Urea based fertilizer is its key segment but in times of a slow-moving economy, a good contribution from all business segments would certainly boost the confidence of the investors.

RITES Limited is a joint venture partner and the project comprises preparation of a detailed project report and provision of pre-construction activities for constructing highway tunnels across certain sections on Darcha-Padam road (NH-301) including approaches in Ladhak & Himachal Pradesh.

Indian markets are set to witness a positive start as indicated by early trends on SGX Nifty. Cheerful global cues leading to such a beginning. At 7:54 AM, the SGX Nifty is trading up by 66 points at 10,229 levels.

The level of 10,126 is likely to act as a crucial support level for the index and in any case, this level is breached and Nifty may drift lower towards the level of 10,000. Stocks in news: Affle, UPL, Praj Industries, Cybertech Systems and Software.

On Monday, Infosys informed the bourses that it has partnered up with the market leader in AI-enhanced process mining and process excellence software, Celonis, to transform ERP modernisation and business process optimization.

Considering the daily timeframe, the stock has formed reversal dark cloud cover candlestick pattern. The dark cloud cover is a bearish reversal candlestick pattern, which usually occurs at the top of an uptrend.

Sensex ended the volatile trading session on June 08, 2020 by closing higher by 83.34 points which is 0.24 per cent, at 34,370.58 while Nifty rallied by 25.30 points which is 0.25 per cent to settle at 10,167.45.

With an aim to provide Wipro customers with a smooth and secure hybrid cloud journey, Wipro Limited and IBM have joined forces. As part of this partnership, Wipro will develop hybrid cloud offerings to help businesses migrate, manage and transform mission-critical workloads and applications, with security across public or private cloud and on-premises IT environments.

The market opened in the green on June 8, 2020. The previous trading session witnessed the Sensex going up by 306.54 points to end at 34,287.24 and the Nifty was up 113.05 points to close at 10,142.15.

The market opened in the green on June 8, 2020. The previous trading session witnessed the Sensex going up by 306.54 points to end at 34,287.24 and the Nifty was up 113.05 points to close at 10,142.15.

According to Bloomberg news, British pharma company AstraZeneca plc has advanced the proposition for a potential merger to an American biopharmaceutical company, Gilead Sciences Inc

The market opened in the green on June 8, 2020. The previous trading session witnessed the Sensex going up by 306.54 points to end at 34,287.24 and the Nifty was up 113.05 points to close at 10,142.15, overall volumes in futures & options currently stand at 1.57 crore contracts with a turnover of Rs. 8,79,209.60 crore.

The market opened in the green on June 8, 2020, overall volumes in futures & options currently stand at 1.57 crore contracts with a turnover of Rs. 8,79,209.60 crore.

Although the market risk could be assumed to be the same for all the stocks, the stocks themselves exhibit varying idiosyncratic risk. This results in deviations in the stock price behaviour from the majority stocks universe. Presently in the market, two such contrasting stocks are Reliance Industries and Vedanta Limited which help to exhibit this phenomenon.

Wholly-owned subsidiary of Reliance Industries, Jio Platforms, is set to receive funding of Rs 5,683.50 crore from Abu Dhabi Investment Authority (ADIA), an investment which will constitute an equity stake of 1.16 per cent in Jio Platforms on a fully diluted basis.

On the downside, the level of 9,940-10,000 is a key support and on the upside, the zone of 10,300-10,334 is likely to act as a resistance level.  Stocks in news: Wipro, Saregama, Thyrocare Technologies, Reliance Industries, Brigade Enterprises.

Welcome to the first trading session of the week! SGX Nifty’s early trends suggest an ecstatic start for the markets. As a result, the Indian markets are set to be greeted with sanguinity.

IOCL is among the market leaders in the oil refining segment with more than 50,000 marketing touch points to cater to different product mixes. Thus, the restart of economic activity is expected to certainly give some relief to both, the company and the investors.

The stock has bounced from this support zone and formed a reversal three inside up candlestick pattern, which suggest that the bulls were in a dominant position. The reversal from the support is confirmed by the above 50-week average volumes.

Banking benchmark index-Bank Nifty has gained almost 1,737.25 points or nine per cent in the last five trading sessions. Further, out of the five trading sessions, Bank Nifty ended in green in four of them.

Automobile manufacturer, Maruti Suzuki India Limited, declared that it has specially made a 5 MW carport style photovoltaic solar power plant in Gurugram, India in a bid to reinforce its promise towards a greener future by progressing to create sustainable manufacturing.

Elevated by banking stocks, Sensex closed at 34,287.24, higher by 306.54 points or 0.90 per cent than its previous level while Nifty gained by 1.13 per cent or 113.05 points to settle at the level of 10,142.15. During a volatile session, investors were observed adopting a bullish nature during the second half of today's trading session, as banking and financial stocks gained while FMCG stocks were witnessed losing.