ABB India announced that it has bagged two significant orders, one to supply traction equipment for Chittaranjan Locomotive Works (CLW), the manufacturing unit of the Indian Railways and another to supply industrial drives to Megha Engineering and Infrastructures Limited (MEIL) in their oil drilling segment. The said orders are worth Rs 123 crore and Rs 68 crore, respectively.

The shares of IRB Infrastructure Developers Limited, an Indian highway construction company, fell over by two per cent on Wednesday despite that the company is all set to win a contract for the operation and collection of toll at Mumbai-Pune Expressway for 10 years.

The market opened in the green on February 12, 2020, overall volumes in futures & options currently stand at 1.57 crore contracts with a turnover of Rs. 11,40,798.72 crore.

The market opened in the green on February 12, 2020, overall volumes in futures & options currently stand at 1.57 crore contracts with a turnover of Rs. 11,40,798.72 crore.

The market opened in the green on February 12, 2020. The previous trading session witnessed the Sensex going up by 236.52 points to end at 41,216.14 and the Nifty was up by 76.40 points to close at 12,107.90

Sun Pharma Advanced Research Company Limited (SPARC), on Tuesday, said that United States Food & Drug Administration (USFDA) has not approved its New Drug Application (NDA) for Taclantis, a product used for treating breast cancer.

The market opened in the green on February 12, 2020. The previous trading session witnessed the Sensex going up by 236.52 points to end at 41,216.14 and the Nifty was up by 76.40 points to close at 12,107.90

The bulls are expected to witness a momentum on the upside, only if they manage to convincingly close above the 50-DMA and stays above that level for a couple of days. In any case, Nifty closes below the prior bar low or gravestone doji low of 12,099, which could be the first sign of weakness. 

Indian markets are likely to open a tad higher on Wednesday as sentiments amongst the Asian peers are seen upbeat on hopes as the spread of coronavirus is slowing down. SGX Nifty is trading up by 33 points at 12,160 levels.

Sundaram Mutual has announced the launch of its new open-ended equity scheme, Sundaram Balanced Advantage Fund. ​ The New Fund Offer opens for subscription on February 14, 2020, and closes on February 28, 2020.