Wipro Ltd has launched its dedicated Wipro AWS Business Group (WABG). This new business group is developed to fast-track customers' cloud transformation journey on AWS. The announcement came on Monday after the market was closed for the day.

The stock has formed a homing pigeon candlestick pattern on the daily timeframe. This signals the weakening of the short-term downtrend and may reverse to the upside after the confirmation candle.

Early trends on SGX Nifty are indicating a cheerful opening on the back of strong global cues. SGX Nifty is up by 77 points and trading at 11,758. Watch out for the 20-DMA on Nifty, which is placed around 11,816 levels. It could act as a resistance point in the near term.

The level of 11,550-11,540 is acting like a strong wall of support and once this level is breached, it’s likely to invite incremental weakness.

GE Power India Limited (GEPIL) on Monday announced that it has received an order for nitrogen oxide (NOx) reduction installation at NTPC’s Barauni Thermal Power Plant in Bihar for a total order value of Rs 12.78 crore.

The systematic investment plan was stable above the Rs 8,000 crore mark. However, they are marching lower for the past six consecutive months. Read on to find out more.

EBITDA margin for the quarter stood at 15.3 per cent vs 11.4 per cent in Q2FY20. This improved operational performance was supported by cost rationalisation measures implemented, which is expected to continue, going forward.

After an eventful day, the domestic indices calmed down towards the closing bell. Sensex settled at 39,757.58 levels, up by 143.51 points or 0.36 per cent. Nifty rose by 26.75 points or 0.23 per cent to close at 11,669.15 levels.

Today seemed to be a great day for those who have invested in the banking and financial stocks. Although during the early trading session on Monday, the domestic markets seemed to remain subdued; however, in the second half, the banking and financial stocks soared high.

The market opened in green on November 02, 2020.