Bank Benchmark index-Bank Nifty has lost almost 1,555.05 points or 8.25 per cent in the last five trading sessions. Further, out of five trading sessions, Bank Nifty has ended in red for four trading sessions.

Further, though the lockdown in many parts of the world is about to end, its impact is still very much unknown.

Considering the weekly time frame, the stock of Asian Paints Limited has bounced back from the edge of the upward sloping trendline support, which is formed by connecting the swing lows from July 2019. The reversal from the support is further justified with strong volumes.

The stock of United Spirits Limited has formed a dark cloud cover candlestick pattern on the daily timeframe. The dark cloud cover is a bearish reversal candlestick pattern, which usually occurs when a bearish candle on the second day closes below the middle of first day’s candle.

Vakrangee Limited announced that it has collaborated with government-owned, Chhattisgarh Rajya Gramin Bank (CRGB) for banking business correspondent (BC) point services for Nextgen Vakrangee Kendra in the state of Chhattisgarh.

Indian government is pulling up all its aces to create a cheer in the dull economic environment. In spite of that, the markets remained cautious even today, as Sensex fell by 260.31 points or 0.84 to settle at 30,672.59 levels while, Nifty declined by 67 points or 0.74 per cent to reach the level of 9,039.25.

Indian multinational banking and financial services company, ICICI Bank Limited, has come up with a special fixed deposit (FD) scheme, especially for senior citizens.

Radio City, owned and operated by Music Broadcast Ltd, has partnered with Spotify, the world’s most popular audio streaming platform.

Pharma major Lupin Limited announced on Friday that United States Food and Drug Administration (USFDA) had given the company approval for its Trientine Hydrochloride capsules USP, 250 mg. The company will now be able to market a generic equivalent of Syprine capsules, 250 mg of Bausch Health US, LLC.

Oil and Natural Gas Corporation announced that it has signed a memorandum of understanding with NTPC to set up a joint venture for renewable energy business.