Bloodbath on D-Street: Sensex tumbles 1,000 points, Nifty by 280
Bloodbath on D-Street: Sensex tumbles 1,000 points, Nifty by 280

Bloodbath on D-Street: Sensex tumbles 1,000 points, Nifty by 280

Geyatee Deshpande Article rating: 2.5

On Tuesday, mayhem in oil markets led to the crashing of Indian benchmark indices as Sensex plunged by 3.20 per cent which is 1,011.29 points to the level of 30,636.71 while, Nifty dipped by 3.03 per cent which is 280.40 points to be at the level of 8,981.45. In Sensex, 27 out of 30 stocks closed in red and only three stocks ended Tuesday market stir in green. Volatility index-India VIX jumped by more than four per cent to 45.34 level. 

TCS collaborate with Amway for transforming its IT operations
TCS collaborate with Amway for transforming its IT operations

TCS collaborate with Amway for transforming its IT operations

Avalokita Pandey Article rating: 3.4

Indian multinational information technology service & consulting company, Tata Consultancy Services (TCS) and American multi-level marketing company-Amway, have entered into a strategic partnership to transform latter’s global technology operations.

US crude oil price bounce back from below zero
US crude oil price bounce back from below zero

US crude oil price bounce back from below zero

Geyatee Deshpande Article rating: 2.5

Tuesday morning was shocking as US crude oil i.e. WTI Crude price had fallen below zero. It isn’t the first time in 2020 for crude prices to plummet by a high percentage. However, post-noon, the WTI crude price showed a mere recovery by trading above zero to USD 0.10 per barrel.

USFDA classifies Aurobindos facility as VAI; stock rises sharply
USFDA classifies Aurobindos facility as VAI; stock rises sharply

USFDA classifies Aurobindos facility as VAI; stock rises sharply

Anthony Fernandes Article rating: 4.3

On Tuesday, the shares of Aurobindo Pharma surged by more than 15 per cent on BSE in an otherwise weak market after US drug regulator-USFDA classified the company's Unit IV of Hyderabad plant as voluntary action indicated (VAI).

L&T construction arm bags order for various businesses
L&T construction arm bags order for various businesses

L&T construction arm bags order for various businesses

Apurva Joshi Article rating: 5.0

Larsen & Toubro Limited’s construction arm has bagged orders from prestigious clients for its varied businesses. The estimated cost of these orders is worth Rs 1,000-2,500 crore.

Ten stocks close to their 52-week low
Ten stocks close to their 52-week low

Ten stocks close to their 52-week low

Abhishek Kapoor Article rating: 3.9

The market opened in the red on April 21, 2020. The previous trading session witnessed the Sensex going up by 59.28 points to end at 31,648 and the Nifty was down 5 points to close at 9,261.

Ten stocks close to their 52-week high
Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

Abhishek Kapoor Article rating: 3.5

The market opened in the red on April 21, 2020. The previous trading session witnessed the Sensex going up by 59.28 points to end at 31,648 and the Nifty was down 5 points to close at 9,261.

lnfibeam Avenues set to acquire US-based AI Fintech
lnfibeam Avenues set to acquire US-based AI Fintech

lnfibeam Avenues set to acquire US-based AI Fintech

Nidhi Jani Article rating: 4.0

lnfibeam Avenues will pay the entire consideration in cash and is likely to complete the acquisition in 30 days. With this, AI Fintech will become a wholly-owned subsidiary of Infibeam Avenues.

Five stocks with selling interest
Five stocks with selling interest

Five stocks with selling interest

Abhishek Kapoor Article rating: 3.8

The market opened in the red on April 21, 2020, overall volumes in futures & options currently stand at 1,41 crore contracts with a turnover of Rs. 7,46,761.67 crore.

Morepen Lab launches wide range of products to fight COVID-19
Morepen Lab launches wide range of products to fight COVID-19

Morepen Lab launches wide range of products to fight COVID-19

Nidhi Jani Article rating: 3.3

Last week, the company had received a license to manufacture Hydroxychloroquine (HCQ) from State Drug Controller for its Baddi plant in Himachal Pradesh and thereafter, it’s working to commercialise the production of HCQ, in both API as well as in the form of tablets.

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