The market opened flat October 13, 2020, overall volumes in futures & options currently stand at 2,12,40,852 contracts with a turnover of Rs. 15,36,063.53 crore.

The market opened flat October 13, 2020, overall volumes in futures & options currently stand at 2,12,40,852 contracts with a turnover of Rs. 15,36,063.53 crore.

On the Capex front, the board has recently approved the setting up of an additional facility to produce 100,000 MTPA of Chloromethane in Dahej (Gujarat) at a projected cost of Rs 315 crore. This project would enhance the company’s industrial chemical portfolio and is likely to commence by January 2022.

On Tuesday, it will be a rare sight for the market participants to witness the Indian markets open in red as the domestic markets rallied for the eighth consecutive session on Monday.

In the near term, the index might oscillate in a range or move sideways with the level of 12,000 being a resistance level, while the level of 11,750-11,800 is likely to act as a strong support level.

It is very agonising to see that a few promoters take minority shareholders for granted. Conniving with brokers, they want to cheat minority shareholders, who put faith in both, the companies’ management & broker’s report, and invest their hard-earned money to get returns.

The domestic markets witnessed a volatile session on Monday, as Sensex fell by more than 300 points from the day’s high. Sensex gained by 84.31 points or 0.21 per cent to settle at 40,593.80 levels while Nifty closed up by 16.75 points or 0.14 per cent at 11,930.95 levels.

Generally, we rely on the typical momentum indicators or oscillators for recognising an overbought and oversold condition of the stock. However, this Japanese candlestick pattern gives us a unique way to recognise when the momentum is waning out.

The resumption of construction activities and the adoption of digital technologies would strengthen the demand for steel and make the Indian steel sector globally competitive.

Debt MFs witnessed an outflow in the month of September 2020, which was primarily led by liquid funds. Read on to find out more.