Traders can wait for dips to enter the market and the level of 11,720-11,750 is an ideal point to enter since it is a good support for the index. Nifty crossing its October 31st level could open gates for the magical mark of 12,000 and above. Stocks in news: IndusInd Bank, DLF, Aster DM Healthcare, Jai Prakash Power Ventures, Vodafone Idea, SRF, Prakash Industries, Hero Motocorp, Aarti Drugs.

Ahluwalia Contracts informed the bourses that it has secured orders worth Rs. 521.71 crores. The stock of Ahluwalia Contracts was trading flat, it opened at Rs. 304.5 and settled for the day at Rs. 303 per share.

The BSE Sensex ended at 40,129.05, up by 77.18 points or 0.19%, after hitting all time high of 40,392.22. The broader indices ended in green as the BSE Mid cap index rose 1.08% while Small cap index was up by 0.93%.

The shares of the bank had plunged as much as 70 per cent from their highs due to multiple issues regarding stressed assets and bad loans. The bank had loan advances to weak firms, such as Jet Airways and Reliance communications. 

Quess Corp Limited has reported its results for the quarter ending September 30, 2019. The consolidated revenue for the quarter is come at Rs. 2650.25 crore as against Rs. 2091.71 crore in the corresponding quarter last year, registering a 26.7 per cent yoy increase.

On Wednesday, ICICI Lombard announced a bancassurance tie-up with Karur Vysya Bank. The association will provide the bank’s customers an access to their insurer’s portfolio and make insurance more accessible to its customers across India.

TVS Motor company announced their partnership with Cadisa Group for Guatemala and EI Salvador on Wednesday.

Shares of Akme Star gained around 18 per cent intraday on Thursday as the company announced that Arkfin Investments invested ~USD 2 Million or 15.5 Crores in Akme Star Housing finance. 

The company has already started the commercial production at its subsidiary plant and expect a gradual ramp up in the near future. It is also expecting an environmental clearance for its 90-acre Greenfield project in November 2019.

The Indian equity markets were poised to break into a new record territory post the strong global cues and supportive domestic developments during early trade on Thursday. Index was topped by Infosys, SBI and Tata Motors which traded higher by 4.33 per cent, 4.29 per cent and 3.40 per cent intra-day.