The market opened in the green on June 19, 2020. The previous trading session witnessed the Sensex going up 700.13 points to end at 34,208.05 and the Nifty was up 210.50 points to close at 10,091.65 .

The market opened in the green on June 19, 2020, overall volumes in futures & options currently stand at 6.54 crore contracts with a turnover of Rs. 33,83,661.45 crore.

The market opened in the green on June 19, 2020, overall volumes in futures & options currently stand at 6.54 crore contracts with a turnover of Rs. 33,83,661.45 crore.

The credit profile of Tata Motors was already under stress due to lower auto sales and falling demand in key markets even before Coronavirus outbreak.

Reliance Industries’ Jio Platforms has attracted huge amount of investments from some of the leading names of the business world globally. As a result, the stock of RIL has more than doubled the money of investors since the beginning of FY21.

Cipla Limited and Roche Products (India) Pvt Ltd have joined hands to provide better access and innovative medicines for patients in India. Through this partnership, Cipla will undertake the activities of marketing and distribution of Roche’s key trademark oncology drugs like Trastuzumab (Herclon), Bevacizumab (Avastin) and Rituximab (Ristova).

Large-cap gold finance company, Muthoot Finance, remains to be an outperformer in the non-banking financial (NBFC) space, which has been plagued by the rising pressure on asset quality and liquidity issues.

On Thursday, bulls stormed the D-street as Indian markets registered one of best single day gains after June 1. This single day rally was led by Banking and Financial stocks. The early trends on SGX Nifty is indicating the start of Friday to be on a flat note. At 7:55 AM, SGX Nifty was trading almost unchanged at 10,034.50 levels.

A follow through move is important for the index and once the 100-DMA is crossed, the bulls’ mood will cheer up and Nifty can be on its way to reclaim 10,300-10,350 levels. On the downside, the level of 9,980-9,990 is likely to act as an immediate support. Stocks in news: Tata Motors, HCL Technologies, Cipla, Reliance Industries.

The stock of Dr Reddy’s Laboratories Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.