The market opened in the green on March 3, 2020. The previous trading session witnessed the Sensex going down by 153.27 points to end at 38,144.02 and the Nifty was down by 69 points to close at 11,132.75.

The market opened in the green on March 3, 2020. The previous trading session witnessed the Sensex going down by 153.27 points to end at 38,144.02 and the Nifty was down by 69 points to close at 11,132.75.

Newgen Software Technologies, a provider of low code automation platform managing content, processes and communication, announced after trading hours on Monday that Indian Patent Office had issued a patent for its system and method for the automatic assessment of digital documents for a period of 20 years.

Auto sales continued to be affected by the economic conditions. The heavy outbreak of Coronavirus in China and around the world has resulted into various lockdowns and disruption in trades as well. Thus, the auto sales numbers for the month of 2020 look weak with hardly any signs of recovery.

The level of 11,020 is likely to act as a support for the index as its 78.6 per cent retracement level of up move was seen from the levels of 10,637 to all-time high levels. While, on the upside, an immediate resistance is placed at 11,254 levels followed by 11,400 mark. Stocks in news: Mahindra Lifespace Developers, Newgen Software Technologies, Torrent Power, Infosys, Tech Mahindra, DB Realty.

If overnight strength at the Wall Street is any indication to go by, then Indian markets could open in green and put an end to its one of the lengthiest and steepest losing streak of seven straight sessions. Overnight, Dow and Nasdaq rallied 5 and 4.5 per cent, respectively on hopes that the Fed may consider an interim stimulus to address the problem of sinking markets.

Mobile marketing platform, Affle India Limited, on Monday, jumped as much as eight per cent after the company announced that it has signed a definitive agreement to acquire Mediasmart Mobile, Spain-based mobile technology company.

The week-ended February 28, saw one of the worst falls in the equity market, however, there are some asset classes that have generated positive returns in the same period.

NCC announced that the company had received a new order worth Rs 85 crore in the month of February, 2020.

On Monday, SPML Infra announced that it has received a large bulk order water supply project worth Rs 546.96 crore from Bangalore Water Supply and Sewerage Board (BWSSB) with the intent of supplying an additional 775 MLD of water to the city of Bengaluru.