The market opened in the red on February 3, 2020. The previous trading session witnessed the Sensex going down by 987.96 points to end at 39,735.53 and the Nifty was down by 300.25 points to close at 11661.85. 

The market opened in the red on February 3, 2020. The previous trading session witnessed the Sensex going down by 987.96 points to end at 39,735.53 and the Nifty was down by 300.25 points to close at 11661.85.

Zydus Cadila has received an approval from Drug Controller General of India (DGIA) for the use of Saroglitazar Magnesium in the treatment of type 2 Diabetes Mellitus as an additional therapy with Metformin.

With the recent Budget announcements, Finance Minister Nirmala Sitharaman abolished the Dividend Distribution Tax (DDT). So, let’s find out whether abolishing DDT would benefit dividend yield funds or not!

For many mutual fund investors, the announcement of 10 per cent tax on their mutual fund income above Rs 5,000 has come as a rude shock.

Nagarjuna Construction Company (NCC) Limited announced that the company has received three new orders totaling to Rs 530 crore, which is exclusive of GST in the month of January 2020.

The market opened in the red on February 3, 2020. The previous trading session witnessed the Sensex going down by 987.96 points to end at 39,735.53 and the Nifty was down by 300.25 points to close at 11661.85. 

Infosys Innovation Fund, the startup fund of Infosys Ltd with US$ 500-million, has offloaded its stake in Denmark-based Artificial Intelligence (AI) firm UNSILO, at less than half the price it had invested.

Centrum Housing Finance Limited (CHFL), which is part of Centrum Group, has signed an agreement to raise Rs 190 crore of equity funds from a fund managed by Morgan Stanley Private Equity Asia.

The 200-DMA would decide the fate of the markets in the coming sessions. Watch out for 200-DMA as an important support for the index! Stocks in news: Coal India, MOIL, Info Edge.