The strong positive bias, which the Indian markets are currently trading with, is not likely to subside anytime soon. In early action, the SGX Nifty is trading higher by 3 points at 11,809 levels. There is not much on the global front to drive the markets today as global cues are mixed, hence, the earning season will continue to drive the sentiment on the D-Street. 

Overall, the bulls are in the driver seat and, we believe, there is still some steam left on the upside until the music stops and actually breaks the key support. We would advise traders not to argue against what the market is telling you through the price action. Stocks in news: Central Bank of India, Bandhan Bank, Lemon Tree, InterGlobe Aviation, Wipro and PVR.

Alembic Pharmaceuticals has reported results for second quarter ended September 30, 2019. The shares of the company gained around 2 per cent intraday on the back of the result announcement.

Most of the studies shows that you can withdraw 4 to 6 per cent of the retirement portfolio value per year, which stand a good chance of not exhausting your entire retirement corpus. Read on to know how true it is.

The BSE Sensex ended at 39831.84, up by 581.64 points or 1.48%. The broader indices ended in green; the BSE Mid cap index gained 1.13%, while Small cap index was up by 0.57%.

Indian equity markets were trading around their intraday high points in the afternoon trading session, with Sensex and Nifty gaining around 627 and 173 points, respectively.

Welcome back to D-Street. I hope you enjoyed the long Diwali weekend splendidly. In early action, SGX Nifty indicates markets to open on a flat to positive note on the back of the rally seen on Wall Street overnight after the White House hinted that the phase one of the trade deal with China Could be signed the next month. 

As there is more good than bad on the charts at the current juncture, with the index still trending above the daily 8EMA and holding above its 38 per cent retracement of the up move. This makes us believe that the area of 11,700-11,720, which is a crucial resistance, should be on test soon. Stocks in news: Mahindra & Mahindra, GVK Power & Infrastructure, Vodafone Idea, Dr Reddy’s Laboratories and Reliance Industries.

Dilip Buildcon Limited has been declared L-1 bidder by the U.P Expressways Industrial Development Authority in the state of Uttar Pradesh.

Piramal Enterprises announced that its Board has approved fresh capital raise of Rs. 5,400 crores through a Rights Issue and preferential allotment of Compulsory Convertible Debentures (CCDs).