During a con-call with its investors, Gurugram-based Apollo Tyres stated its decision to cut down capital expenditure by Rs 400 crore and its fixed costs by about 20 per cent in the current fiscal year amidst the challenging business environment due to the ongoing COVID-19 pandemic.

The market opened in the green on July 7, 2020, overall volumes in futures & options currently stand at 1,65,41,031 crore contracts with a turnover of Rs. 10,30,180.30 crore.

The market opened in the green on July 7, 2020, overall volumes in futures & options currently stand at 1,65,41,031 crore contracts with a turnover of Rs. 10,30,180.30 crore.

The shares of PNC Infratech have delivered a significant return of around 63 per cent on BSE in the last three months. The company’s order book as on March 31, 2020 stood at Rs 8,629 crore.

Taking measures to enhance the company's liquidity, the board of directors has authorised a rights issue of Rs 300 crore. The company has set the price for the rights issue at Rs 784 per share (almost at 25 per cent discount from its previous close of Rs 1,043.40), which includes a premium of Rs 774 per share, over the face value of Rs 10 per share.

For the day, the gap area of July 6 (10,631-10,695) is likely to act as strong support and on the upside, 10,820-10,880 is likely to act as a resistance. Stocks in news: Greaves Cotton, Bharti Airtel, MFSL, Mannapuram Finance.

Bull run that continued for the last four trading session could take a break as Indian markets are likely to open on a flat to negative note. This was indicated by the early trend on the SGX Nifty.

There are various ways to select mutual funds and Ulcer Performance Index (UPI) is one of them. Read on to find out more.

Continuing gains for the fourth consecutive trading session, domestic benchmark indices closed with Sensex at 36,487.28 that is 456.86 points or 1.29 per cent higher than its previous close while Nifty rose by 156.30 points or 1.47 per cent to close at 10,763.65.

The board of directors of eClerx Services Ltd at its meeting held on July 6, 2020, approved the buyback of the company's equity shares for an aggregate amount not exceeding Rs 109.5 crore