Arbitrage funds are generating negative returns. So, in this article, we would discuss whether it’s worth staying invested or should one exit from it.

On Wednesday, the shares of buzzing stock, CG Power and Industrial Solutions again locked in at its upper circuit of 5 per cent on BSE. The stock has skyrocketed, gaining by more than 135 per cent in the last one month.

The market opened flat on August 26, 2020.

The market opened flat on August 26, 2020, overall volumes in futures & options currently stand at 2,54,32,637 crore contracts with a turnover of Rs. 17,51,531.87 crore.

The market opened flat on August 26, 2020, overall volumes in futures & options currently stand at 2,54,32,637 crore contracts with a turnover of Rs. 17,51,531.87 crore.

The company reported consolidated net sales of Rs 30.46 crore in Q1FY21, which declined by 46.72 per cent YoY from Rs 57.17 crore in Q1FY20.

Market leader State Bank of India (SBI) has sanctioned Rs 23,864 crore of loans and disbursed Rs 17,599 crore. It is followed by Punjab National Bank, which has sanctioned Rs 10,348 crore.

JMC Projects (India) Limited, which is a leading civil engineering and EPC company, has surged 16 per cent on BSE after it bagged new orders worth Rs 554 crore.

After Glenmark, companies like Cipla, Lupin and Sun Pharmaceutical Industries also launched their own variants of Favipiravir tablets. Lupin’s ‘Covihalt’ is priced at Rs 49 per tablet while Sun Pharma’s ‘FluGuard’ is priced as low as Rs 35 per tablet, which is the cheapest in India.

As long as the resistance zone of 11,536-11,600 is not cleared convincingly, do not expect a run-away rise. On the downside, the zone of 11,410-11,370 is likely to act as immediate support. Stocks in news: Jammu & Kashmir Bank Ltd, Scanpoint Geomatics Ltd, JMC Projects (India) Ltd, FDC Ltd.