Going ahead, the zone of 10,610-10,710 is likely to act as a strong resistance zone. On the other hand, the zone of 10,440-10,500 is likely to act as a strong support zone. Stocks in news: Glenmark Pharmaceuticals, JSW Steel, Gail, Mphasis, Majesco and PNB.

India markets may open slightly lower on Friday following negative sentiments prevailing in the Asian markets and mixed close on the Wall Street. The SGX Nifty Index Future, which was trading at 10,585, suggests Nifty may open lower by 31 points. On the earnings front, Titan, India Cements, EID Parry, Amara Raja Batteries, Indian Bank will release their results today.  

Mutual fund Update: Two-third of retail investors remain invested for more than a year in mutual funds. Most of the retail investor remain invested for more than one year, both in equity as well as non-equity funds.

Leading biopharma company, Suven Life Sciences Limited announced the grant of one product patent from Israel and one product patent from Japan new chemical compounds for the treatment of neurodegenerative diseases.

Graphite India Limited (GIL) released data pertaining to its consolidated financial performance for the quarter ended September, 2019.

The shares of Hindustan Construction Company (HCC) gained 2 per cent upon receiving the board’s approval for issuing equity shares by means of a rights issue.

Many times people just get lured with the returns that mutual funds, or for that matter any investment products provides without understanding that there are many other things to look out for apart from the returns while investing, and one such thing is inflation. Read on to find out more.

Tera Software has bagged a work order worth of Rs. 74.84 crore as a part of Smart City Mission, an emerging domain of Information and Communications Technology (ICT) to act as System Integrator for implementation of PAN City ICT project in Davanagere City, State of Karnataka.

The company’s consolidated revenue for the second quarter of FY19 came in at Rs. 115.401 crore, registering 19.7 yoy increase.

Tata Communications has installed a next-gen software-defined hybrid network for Carlsberg. Shares of Tata Communications were up approximately 2 per cent around noon.