With this new order, the company’s O&M order book has strengthened, which would help in the improvement of cash flows and better revenue growth.

20-DMA (8,906) is likely to act as a stiff resistance for Nifty, followed by 9,039 and above this, Nifty may test 9,390 levels. On the downside, the level of 8,500 is likely to act as a strong support. Stocks in news: Advaced Enzyme Technologies, Galaxy Surfactants, Hero Motocorp, Deepak Nitrite.

Doug Kass says often that the market has no memory from day to day. In the last trading session, Indian market posted a record single day but today morning, it seems that the bears will be ruling the D-street as God knows who laid the red carpet for the bears this morning!

The stock of Dabur India Limited has given a consolidation breakout on the daily time frame along with relatively higher volumes. Additionally, the stock has formed a sizeable bullish candle on the breakout day, adding strength to the breakout.

Sensex records the biggest one day gain as it closed at the level of 30,067.21 with an increase of 8.97 per cent or 2,476.26 points. Nifty closed at the level of 8,792.20, up by 8.76 per cent or 708.40 points. Nifty witnessed all stocks advance with no declines. The advance-decline ratio on BSE was 3:1.

Man Industries (India) Limited, one of the leading large-diameter pipe manufacturing companies announced that the promoters of the company (RCM Group) have purchased 14.67 lakh shares, representing 2.6 per cent of the company's total shares holding during the financial year 2019-20.

Shares of Shilpa Medicare Ltd were locked in an upper circuit on Tuesday after the company announced that its subsidiary has received approval for anti-cancer drug Imatinib from UK Medicines and Healthcare products Regulatory Agency (MHRA).

At a time when the entire country is shut down and industries such as airline and hotels are on the verge of collapse; alcohol-based chemical industries can be seen as better placed. Along with specialty chemical companies, specific products can be used in the medication of virus and also, be looked after by the investors.

Zydus Cadila has received a final approval from US Food & Drug Administration (USFDA) to market Perphenazine tablets USP, 2 mg, 4 mg, 8 mg and 16 mg (US RLD: Trilafon tablets)

Tata Power Solar Systems Limited, India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power has received a letter of award (LoA) to build 300 MW CPSU-II for NTPC at an all inclusive price of Rs 1,730.16 crore.