The shares of Escorts Limited were trading in the green on Friday after the company reported robust sales for December 2020.   

Union Cabinet gave clearance for Akash weapon system to export. With this, Bharat Dynamics Limited (BDL) is gearing up to take up export orders. 

Jindal Power Limited (JPL), a subsidiary of Jindal Steel & Power Limited (JSPL) announced on Thursday after the market hours that it has been declared a successful bidder for Gare Palma IV/1 coal mine by the Ministry of Coal.

The stock of Emami Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout. Bollinger Band Squeeze occurs when the volatility falls to low levels and the band narrows. A volatility contraction or narrowing of the bands can foreshadow a significant advance or decline.

The company has received fifteen new orders from central or state government agencies in the month of December 2020.

The year 2020 would be listed as one of the most horrible years of humanity as we experienced what was not witnessed in the last hundred years i.e. the Coronavirus pandemic. However, paradoxically, 2020 turned out to be one of the best years for the stock markets. During this year, we saw one of the shortest & sharpest bears’ markets and a V-shaped recovery with Nifty touching the milestone of 14,000 mark on the final trading session of the year. 

Mahindra & Mahindra: The company along with Ford Motor Company have mutually and amicably determined that they will not further pursue their joint venture plan.  Indigo: Servers of the company were hacked earlier in December; internal documents may get uploaded by hackers on public websites & platforms. 

The level of 14,000 would act as an immediate resistance as this is a round number and any sustainable move above the 14,000 mark, could lead to the 14,200 mark. On the downside, Monday’s gap area (13,771-13,811) is likely to act as an immediate support level as it coincides with the previous all-time high of Nifty.  

Jubilant FoodWorks Limited (JFL) today announced an investment of Rs 92 crore into Barbeque-Nation Hospitality Limited (BNHL) for an equity stake of 10.76 per cent. 

According to the contract, the company is set to supply and install an ultra-converged broadband product.