The shares of Karur Vysya Bank fell when the market opened on January 6, 2020 (Monday), after the Bank’s CEO submitted his resignation.

Indian rupee weakened against US dollar on Monday, weighed down by weak domestic equities. The rupee fell further on spike in crude oil prices, followed by rising concerns over US-Iran tensions.

On Monday, Future Retail Ltd (FRL) announced that it had entered into long-term business agreements with Amazon India for expanding the reach of FRL stores and consumer brands through Amazon marketplace. This arrangement aims to create significant value to shareholders by building on the offline and online capabilities of both organizations.

The total average price realization during Q3FY20 has increased by 3 per cent as compared to Q2FY20 and is expected to move upwards, as the company is gaining traction in its luxury and super luxury ongoing projects across cities.

The rising tensions in the Middle East have once again attained the centre stage and may result in the markets opening below Friday’s closing line. The Asian peers are reeling under selling pressure and this is sure to spill on the Indian shores as well.

Nifty is also forming a rising wedge, which is a bearish structure. Moreover, the pattern breakdown level and the consolidation of last 12 days' support confluence at around 12,118. Hence, for the bulls, this level is of utmost importance. Stocks in news: Dixon Technologies, Titan, Vedanta, MSTC, IRB Infrastructure Developers, Sobha.

NFO (New Fund Offer) that are open for subscription.

Finolex Cables announced that it had entered into the MCCB product category in a bid to strengthen its presence in the domestic and industrial switchgear market.