In the last trading session, the Nifty finally managed to close above the important psychological 12,000 mark. Even though it scaled higher, it looks exhausted, which is clearly evident from the number of indecisive candles, it formed in recent times. This indicates that, rather than positive triggers, the market is waiting for a negative one to cool off.

Hold the long positions as long as the previous day's low is protected. Bear in mind that the sell opportunities will come only below 11,800 levels. Till then, it will be better if you avoid short positions and adopt buy on dips strategy as long as 11,800 is intact. Stocks in news: Reliance Industries, Federal Mogul, Bajaj Finance, Raymond.

PNB Housing Finance, a premier housing finance company in India, has raised Rs. 2,500 crores through the issue of secured redeemable nonconvertible debentures (NCDs).

In case of public sector banks, SBI came up with a robust result for the Q2FY20. The improvement in asset quality and strong growth in advances are the biggest takeaways from this quarter, when compared to the same quarter in the last fiscal. 

The following stocks will be in focus during Friday’s trading session in light of their results announcements: Ashok Leyland, Bank of Baroda, Eicher Motors, GAIL and Nestle India.

People often have a certain image of a financial planner in their mind. The most important thing that people expect from a financial planner is that s/he should work in their interest. But is it so? Let’s find out.

The Indian equity benchmarks ended Wednesday’s trade on an optimistic note, driven by strong buying sentiment in Realty and Banking. The Sensex and Nifty closed above their crucial 40,450 and 11,950 levels, respectively.

There are a lot of investment products and avenues available in the market. From fixed deposit (FD) to equity, we are surrounded by a wide range of investment options. In these situations, it is imperative for us to understand, which investment type suits our financial goals the best. For middle-class investors, investing a big amount at once is not that easy. Smaller investments at regular intervals, such as recurring deposits (RDs) with banks and systematic investment plans (SIPs) with mutual funds, are most convenient and apt for them. However, the question, here, arises, that which type of investment should you go with – RD or SIP? Let’s find out!

Sun Pharmaceutical Industries (Sun Pharma) announced that it has entered into a licensing agreement with AstraZeneca UK Ltd. (AstraZeneca) to introduce certain new ready to-use (RTU) infusion oncology products in China. These products will help in cancer treatments. The agreement will play a big role in bringing cost-effective and quality drugs to patients in China.

The Government of India, acting through the Directorate General of Hydrocarbons, Ministry of Petroleum and Natural Gas, has granted its approval for a 10-year extension of the production sharing contract (PSC) to Cairn Oil & Gas vertical of Vendata Limited, for the Ravva block in Andhra Pradesh. With this extension, the PSC is now valid, effective from October 28, 2019, for the next 10 years.