The market opened in the green on April 7, 2020, overall volumes in futures & options currently stand at 91.14 lakh contracts with a turnover of Rs. 4,45,927.56 crore.

The steel output for the month of January and February showed signs of recovery with nearly one per cent growth on YoY basis. However, the lockdown and weak manpower during March has led to a decline in the production for the quarter.

The market opened in the green on April 7, 2020, overall volumes in futures & options currently stand at 91.14 lakh contracts with a turnover of Rs. 4,45,927.56 crore.

The smart world and communication business of Larsen & Toubro Limited’s Construction arm has bagged a large order from Indian Army to establish a first-of-its-kind state-of-the art unified network management system (NMS) to manage, support and operate the countrywide armed forces under network for spectrum (NFS).

Hikal Limited has informed the bourses that the company has received a permission from the government authorities to restart its operations since it is a provider of the essential services (pharmaceutical and continuous industries), which are exempted from the lockdown.

The stock of Emami Limited has formed a bullish engulfing candle on the weekly time frame. The bullish engulfing candlestick pattern consists of two real bodies of opposite colours. The second day’s body completely engulfs the previous day's body. A large bullish candle suggests this was a sudden and decisive shift to bullish sentiment.

The low of Friday’s trading session (8,055) is going to act as a crucial support level. On the upside, the high of Friday’s trading session (8,356) is likely to act as a stiff resistance for the index. Stocks in news: Bajaj Finance, Godrej Properties, IndusInd Bank, Kotak Mahindra Bank, Lupin, HDFC Bank, L&T.

Indian markets are set to open today after an extended weekend as Monday was a trading holiday. Over the last three days, news from the global shore has been soothing as COVID-19 cases appear to peak out in Europe and New York thereby, bring hopes of stabilisation. Further, icing on the cake is a historic stimulus announced by Japan’s Minister Shinzo Abe to combat the impact of Coronavirus on the economy.

The low volatility strategy is used to survive in situations like the present crisis. But does it really work and pays off? Let’s find out.

KEI Industries has extended its support to ISKCON Delhi for feeding homeless people amid the recent pandemic outbreak and the nationwide lockdown.