The company will also carry out the maintenance of entire project stretch design length of 109.27 km for 7 years in the state of Tamil Nadu on engineering, procurement & construction (EPC) mode.

Bharat Electronics Limited forms an inverted head & shoulders chart pattern in the downtrend. Read on to find out more. 

Currently, the stock has given an ascending triangle pattern breakout on the daily timeframe. This breakout is confirmed by the above 50-day average volume. The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern.

For January series, the highest call open interest is at 700 strikes with 17,28,900 OI. On the put side, the highest put open interest is at 650 strikes with 25,50,000 OI. Today, the highest addition in the open interest was seen at 770 calls of January expiry with 11,74,700 OI while on the put side, 650 puts have seen the highest addition in the open interest with 25,50,000 OI. 

The derivatives data is also suggesting a long build-up in the stock. On Monday, January series stock future saw 3,72,000 addition of open interest, which is 27.33 per cent addition in the open interest. It indicates that there is a long build-up in the market.

On Monday, the markets continued to touch record highs as Sensex gained by 307.82 points or by 0.64 per cent to settle at 48,176.80 levels while Nifty was up by 114.40 points or by 0.82 per cent closing at 14,132.90. In spite of a volatile trading session, Sensex managed to recover by nearly 582 points from the day’s low of 47,594.47  

Garment Mantra Lifestyle Ltd has decided to widen and diversify its offerings to the public beyond garments into products such as electronics, fashion accessories as well as home appliances. 

L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro has bagged an order of over Rs 7,000 crore from HPCL Rajasthan Refinery Limited (HRRL).

NHPC Limited has signed a memorandum of understanding (MoU) with Jammu & Kashmir State Power Development Corporation Limited (JKSPDCL) for the execution of Kirthai-11 (930 MW), Sawalkot (1,856 MW), Uri-I (stage-II) (240 MW), Dulhasti (stage- II) (258 MW), and hydropower projects in the union territory of Jammu & Kashmir.

NPS is one of the major avenues that can be used by salaried employees to get an additional deduction of up to Rs 50,000 over and above the 80C limit. Read on to find out the best performing schemes under different categories.