The market opened in red on January 06, 2021, overall volumes in futures & options currently stand at 3,14,02,967 contracts with a turnover of Rs. 27,72,035.18 crore.

The market opened in red on January 06, 2021, overall volumes in futures & options currently stand at 3,14,02,967 contracts with a turnover of Rs. 27,72,035.18 crore.

Garment Mantra Lifestyle Ltd, which was earlier known as Junction Fabrics & Apparels Ltd announced that it has successfully acquired 74 per cent stake in Twenty Twenty Trading LLP, which operates the value retailing brand - Price Mantra. 

The company has received orders worth Rs 632.88 crore for Konkurs-M anti-tank guided missile (ATGM) along with launchers and test equipment.

Relaxo Footwears Limited forms an ascending triangle price pattern on the weekly charts. Read onto find out more.

Considering the daily timeframe, the stock of JK Cement Limited has bounced from the edge of the rising trendline support (on a logarithmic scale) formed by connecting swing lows from May 12, 2020, and coincides with the 50-day exponential moving average.

The stock of Vedanta Limited has formed a descending hawk candlestick pattern on the daily timeframe. The descending hawk pattern closely resembles a bearish harami or inside day pattern except for the fact that in descending hawk pattern, both the bodies are green rather than opposite in colour.

Considering the daily timeframe, the stock of Axis Bank Limited has given a downward sloping trendline breakout, formed by connecting swing highs since November 2020. This breakout is confirmed by the above 50-day average volume.

Sensex gained by 260.98 points or by 0.54 per cent on Tuesday to settle at 48,437.78. Following is a list of stocks that will remain in focus today - ACC, BEML, Avanti Feeds, HDFC & ONGC.  

Though bulls are expected to show some movement in today’s trading session, gains may be capped due to mixed cues from the global indices.