The market opened in the green on March 4, 2020. The previous trading session witnessed the Sensex going up by 479.68 points to end at 38,623.70 and the Nifty was up by 170.55 points to close at 11,303.30.

Som Distilleries & Breweries today informed the bourses that it has entered into an agreement for the distribution of its hunter beer in Singapore. The company is optimistic on expansion of geographical reach in South East Asia via this agreement.

SBI Cards and Payment Services Private Limited (SBICPSL), which hit the primary market on Monday (March 2, 2020) to raise almost 10,351 crore has been subscribed nearly 1.77x 

HFCL announced that it has received a purchase order worth Rs 196 crore from Larsen & Toubro Ltd (L&T) for the supply of Optical Fibre Cables (OFC) for the construction of Telangana Fibre Grid by L&T.

The market opened in the green on March 4, 2020, overall volumes in futures & options currently stand at 2.03 crore contracts with a turnover of Rs. 13,98,583.16 crore.

The market opened in the green on March 4, 2020, overall volumes in futures & options currently stand at 2.03 crore contracts with a turnover of Rs. 13,98,583.16 crore.

The market opened in the green on March 4, 2020. The previous trading session witnessed the Sensex going up by 479.68 points to end at 38,623.70 and the Nifty was up by 170.55 points to close at 11,303.30.

The high and low of inside bar is likely to act as an important point of attention as sustaining above the high of inside bar i.e. 11,342, could lead the index to test open the downside gap area of February 28, which remains unfilled. While, slipping below the low of inside bar i.e. 11,152.55, could lead to the test of 11,020 level.

The major headlines is that US Fed announced a surprise rate cut of 50 basis points and it’s the first time that the Fed has cut rates by half a percentage point since late 2008. Despite this, US markets ended sharply lower and it clearly indicates that the only thing that worries the market participants is about the slowdown, which could be caused by the growing threat of Coronavirus outbreak.

Infosys, a global leader in next generation digital services and consulting, today announced a strategic long-term partnership with K+S AG, the world’s largest salt manufacturer and Europe’s biggest supplier of Potash, to support its ‘Shaping 2030 Strategy’ - by preparing an agile and flexible IT infrastructure foundation to enable their digital roadmap.