The India International Exchange (IFSC) Limited (India INX), India’s first international exchange based in the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) witnessed an all-time high trading turnover of over USD 11.71 billion (Rs 86,199 crores approx.) on its derivative segment in daily trading turnover on December 09, 2020, with a market share of over 74 per cent in GIFT IFSC.

BSE StAR MF has achieved a positive net equity inflow of Rs 370 crore for the month of November 2020. On the contrary, the industry experienced an outflow of Rs 12,917 crore during the same month.

The stock of Zensar Technologies Limited has formed a hammer candlestick pattern as on the weekend of March 27, 2020, and thereafter, marked the sequence of higher tops & higher bottoms. The stock gained more than 308 per cent from its 52-week lows and has also given over 49 per cent returns from year-to-date.

The pattern occurs when bears overtake the bulls during three consecutive trading sessions. On the pricing chart, the pattern showcases three bearish long body candles with short or no shadows. This pattern usually indicates a weakness in an established uptrend as well as the potential emergence of a downtrend.

ICICI Prudential Life Insurance and RBL Bank have entered into a bancassurance partnership to offer life insurance products to the bank’s customers.

Intellect Design Arena, a global leader in financial technology across banking & insurance announced on Wednesday that it has appointed CreditorWatch, a commercial credit reporting bureau, to deliver commercial data & insights on sole traders to Australian Securities Exchange (ASX) listed public companies.

On Wednesday, the markets continued their bull run as Sensex closed at 46,103.50 levels, up by 494.99 points or 1.09 per cent while, Nifty gained 136.15 points or 1.02 per cent to settle at 13,529.10 levels.

Firstsource Solutions and Celonis today announced a strategic partnership that will enable businesses to quickly identify & eliminate process constraints, drive agility, and optimise outcomes.

Equity mutual funds continued to witness outflows even in November 2020. Read on to find out more.

TCS, a leading global IT service, consulting & business solutions organisation, has launched a new product called TCS Clever Energy^TM.