Engineering & construction mammoth Larsen & Toubro today informed the bourses that it’s Buildings and Factories business (L&T Oman) has been awarded the main works contract of The Mandarin Oriental, Muscat by Eagle Hills, Muscat. 

Cheering this development, the stock of Premier Explosives on Wednesday jumped more than 12 per cent to hit an intraday high of Rs. 186.0 on the BSE.

Overall volumes in futures & options currently stand at 1,49,41,173 contracts with a turnover of Rs. 9,62,307.43 crore.

Overall volumes in futures & options currently stand at 1,49,41,173 contracts with a turnover of Rs. 9,62,307.43 crore.

The initial resistance and parallel highs or neckline for inverted head and shoulders is placed at 11146. The 50-EMA is placed at 11174 and 38.2 retracement level of June 3 to August 23 fall is placed at 11197. In case Nifty is able to clear all these resistances, it will gain bullish strength. Stocks in news: Piramal Enterprises, Yes Bank, JSW Energy, Meghmani Organics, Voltas, SML Isuzu, ZEEL, Glenmark Pharmaceuticals, Tata Motors, Sun Pharmaceutical.

At the time of writing, the SGX Nifty was trading higher by 49 points at the 11,020 level.

Voltas Limited has formed partnership with Tata Power to promote energy efficient ACs in Mumbai. The partnership is in line with the Group’s energy conversation drive.

Shree Pushkar Chemicals & Fertilisers Ltd. (SPCFL) has launched its new range of reactive dyes for the textile industry in Bangladesh under the brand name of Dyecol.

Tata consultancy Services (TCS) Limited, a leading global IT company took its long standing partnership with Cisco to a new level by setting up a Center of Excellence (CoE) to develop digital solutions that leverage Cisco’s DNA-C platform.

The stock of Bajaj-Auto Limited has formed Descending Hawk candlestick pattern on daily time frame.