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

In addition to this, the stock has formed a bullish engulfing candlestick pattern on the daily timeframe. This suggests that the bulls are taking control near the support zone.

On Wednesday, Nifty closed at 11,908.50 levels, up by 0.80 per cent or 95 points. Sensex gained by 0.88 per cent or 355.01 points to settle at 40,616.14.

The equity market in the last six months has seen a vertical rally and one of the reasons attributed is a fall in interest rate. Read on to find more.

GlobalSpace Technologies Limited has announced that its subsidiary, Makebot will partner with Euro School for its Centre of Excellence (CoE) for experiential learning programme. With this move, Makebot is planning to expand its footprint in the Indian education sector.

The leading API manufacturer, Lasa Supergenerics informed the bourses on Wednesday that it has received environmental clearance from State Environment Impact Assessment Authority (SEIAA) for expanding its ‘benzimidazole derivatives’ capacity at the company’s manufacturing facility at Khed (Maharashtra).

The market opened in green on November 04, 2020.

The market opened in green on November 04, 2020, overall volumes in futures & options currently stand at 2,08,55,299 contracts with a turnover of Rs. 15,08,266.12 crore.

The market opened in green on November 04, 2020, overall volumes in futures & options currently stand at 2,08,55,299 contracts with a turnover of Rs. 15,08,266.12 crore.

The bulls took a pause around the 20-DMA, which is placed right near the mid-way of the big bearish bar of October 28. Thus, the opening of the index on Wednesday as well as the price action thereafter would be crucial to watch out for.