The market opened in the red on April 1, 2020, overall volumes in futures & options currently stand at 1,31 crore contracts with a turnover of Rs. 6,73,374.18 crore.

The market opened in the red on April 1, 2020, overall volumes in futures & options currently stand at 1,31 crore contracts with a turnover of Rs. 6,73,374.18 crore.

Though the benchmark indices ended the last trading session of the fiscal year 2020 on a buoyant note but for FY20, Nifty50 was down by 26 per cent and Sensex ended lower by almost 24 per cent, recording their worst performance in over a decade. In 2008-2009, Sensex had registered a decline of 38 per cent, while Nifty had dropped 36 per cent amid global financial crisis.

If Nifty manages to hold above the recent swing low of 8,244 and closes above 9,039 level, Nifty may form a higher-high. However, the failure to close or move above the swing high of 9,039 level, it may result into a consolidation in a broad range of 8,000-9,000. Stocks in news: Hindustan Unilever, GM Breweries, Adani Enterprises, GE Power India, Jubilant Life Sciences.

With the recession on the horizon, it’s time to take those steps that will help you to sail through these trying times.

ICICI Bank Ltd has announced the launch of its banking services on WhatsApp amid nationwide lockdown. The bank has taken this step to enable its customers to avail banking facilities with ease while staying at home during this hour of crisis caused due to Coronavirus rapid spread. 

Dalal Street witnessed an extreme volatility in the past few weeks. However, on Tuesday, i.e. March 31, 2020, Sensex rallied by 1,028.17 points to the level of 29,468.49 which is an increase by 3.62 per cent. Nifty closed at 8,597.75 level, thus increasing by 3.82 per cent or 316.65 points.

After the release of positive manufacturing data by Chinese government, the metal stocks rallied with boosting domestic investor confidence. As a reaction to the news, S&P BSE Metal index went up by 5.36 per cent.

Cyient, a global engineering and technology solutions company, today announced that it has received a clearance for its Mysore facility to run its MedTech manufacturing lines to support the production of medical equipment, which is of critical importance in the fight against COVID-19.

Since February 2020, Sensex is witnessing a selling pressure and have fallen quite a lot. However, there are funds that fell less than Sensex. Read on to find out more.