The 14-period RSI is deeply oversold and considering the oversold nature of the index can trigger a technical pullback. Also, ADX value has reached around 41-mark and has turned exactly from this mark like it did earlier, in the month of June and August 2019. Stocks in news: Biocon, Hikal, Canara Bank, SMS Pharmaceuticals, SH Kelkar.

Global markets are reeling under an intense selling pressure as WHO declares Coronavirus outbreak as pandemic and US President Donald Trump said that US will suspend all travel from Europe to US for 30 days and this will come into effect on Friday midnight. 

Foolproof, a subsidiary of Zensar Technologies, announced that it has been selected by real estate company-Jones Lang LaSalle (JLL) for a design and research mandate.

On Wednesday, Adani Enterprises informed the bourses that the company led consortium received an LOA from National Highways Authority of India (NHAI) for a hybrid annuity road project worth Rs 1,546.31 crore. With this project, Adani Group will have a total of four NHAI road projects under Hybrid Annuity Model (HAM) spanning in the state of Chhattisgarh, Telangana and Andhra Pradesh.

Indian Hume Pipe Company announced about receiving a letter of acceptance for the work of around Rs 357,53 crore, which includes GST. It is received from Madurai City Municipal Corporation (Tamil Nadu) to provide dedicated water supply to Madurai City Municipal Corporation. The company also mentioned that the project is to be completed within 30 months followed by six months trial-run and commissioning. 

The outflow from liquid funds and a fall in the value of equity indices have led to a marginal drop in the total asset managed by the domestic mutual fund industry.

There are various myths related to personal finance running in the market. However, there are a few that you should prefer ignoring. What are they? Let’s find out!

In addition to this, the company will work towards the supply of train collision avoidance systems worth Rs 70 crore to South Central Railway, which is executable over a period of next 18 months.

The board of directors of gold loan company-Manappuram Finance Limited, announced that they are planning to hold a meeting to consider business plan as well as borrowing programme.  

The company said that they have joined the above mentioned programme with an aim to provide smart stadiums, venues as well as for offering end-to-end solutions for event management.