The market opened in red on February 04, 2021.

The market opened in red on February 04, 2021, overall volumes in futures & options currently stand at 4,43,52,960 contracts with a turnover of Rs. 42,11,837.60 crore.

The market opened in red on February 04, 2021, overall volumes in futures & options currently stand at 4,43,52,960 contracts with a turnover of Rs. 42,11,837.60 crore.

Reliance Marcellus, LLC (RMLLC), a wholly-owned subsidiary of Reliance Industries Limited (RIL) announced the signing of agreements on Thursday to divest all its interest in certain upstream assets in Marcellus shale play of south-western Pennsylvania.  

A leading global technology company, HCL Technologies Ltd announced on Thursday that the company has inked a five-year agreement with Airbus for digital workplace services.

Dilip Buildcon Limited has been declared as L-1 bidder on percentage rate (EPC Project) for civil works, which include earthwork required for the formation of railways in the state of Chhattisgarh over South East Central Railway, Package II. 

The company informed that it has received a letter of intent (LoI) from a private developer in Ahmedabad (Gujarat) for a project worth Rs 588.62 crore (including GST).

Zydus Cadila has announced that its antimalarial compound ZY19489 (MMV253) in collaboration with a Swiss-based product development partnership Medicines for Malaria Venture (MMV) has now completed Phase I clinical evaluation [registration number-ACTRN12619000127101].

UltraTech Cement: The Finance Committee approved raising funds by way of issuance of foreign currency (US$) denominated bonds (Notes) aggregating up to US$ 400 million, corresponding to Rs 3,000 crore, to be offered and sold within the United States to the qualified institutional buyer (QIB).

With weekly expiry on the cards and the put-call ratio (PCR) being at the higher side at 1.61, we could witness bouts of volatility. However, as long as Nifty trades above its previous all-time high of 14,754, it is a buy-on-dips market. While on the upside, the target is placed around 14,932 as the upper Bollinger band is present at these levels.