The market opened in the green on May 6, 2020. The previous trading session witnessed the Sensex going down by 0.83 percent to end at 31,453.51 and the Nifty was down 0.95 percent to close at 9,205.60.

The market opened in the green on May 6, 2020, overall volumes in futures & options currently stand at 1.93 crore contracts with a turnover of Rs. 10,08,239.80 crore.

The market opened in the green on May 6, 2020, overall volumes in futures & options currently stand at 1.93 crore contracts with a turnover of Rs. 10,08,239.80 crore.

The company’s operations were interrupted at certain manufacturing facilities and depots, as a result of which, goods amounting to Rs 16.04 crore could not be dispatched to the domestic market. Further, international consignments were also interrupted due to the absence of transportation facilities in the last week of March 2020, which has resulted in the lower shipment of Rs 53.18 crore.

Going ahead, low of Tuesday’s session is going to be an important level to watch as a move below 9,190 level, would open gates for more downside towards 20-DMA, which is placed at 9,082 levels. On the upside, resistance is seen around 9,370-9,430 levels. Stocks in news: Wipro, Shilpa Medicare, Punjab & Sind Bank, Reliance Industries.

SGX Nifty is indicating a mild positive start for Indian markets but that may be hard to sustain as the markets are vulnerable at higher levels. The triggers for Indian markets are likely to be more focussed on domestic stories as nearly six corporates are likely to report their earnings today which include Yes Bank.

The stock of Archies Limited, India’s market leader in the social expression industry, gained more than two per cent after the company announced that it has been reaffirmed long-term rating by ICRA.

Taking cues from global indices, Sensex zoomed up during today’s morning trade, however, settled at the level of 31,453.51 by the end of the day, which is a drop by 261.84 points or 0.83 per cent than its previous close. Subsequently, Nifty fell by 0.95 per cent, which is 87.90 points to the level of 9,205.60.

The rating committee of ICRA, after due consideration, has reaffirmed the long-term rating for the captioned line of credit (LOC) of Philips Carbon Black limted at [ICRA] AA-.  The outlook on the long-term rating is revised from positive to stable.

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organisation, announced today the launch of TCS WaferWise, a cloud-based wafer anomaly detection solution to help chip makers digitally reimagine their product quality assurance process