The meaningful support is placed at 11,929. On the positive side, if it is only above 12,270 then, we can hope for the bullish trend to continue further. Stocks in news: Kotak Mahindra Bank, Majesco, PNC Infratech, TVS Motor, NOCIL.

In the early trend, SGX Nifty is trading in green as global cues turned cheerful. SGX Nifty is pointing at a positive start and Nifty is expected to open around 12,082 levels, up by 43 points.

Gold prices in the fourth quarter of 2019 in US Dollar terms were the highest average price since the first quarter of 2013. Nevertheless, in various other currencies, it hit the highest level in history.

Dabur India reported its third quarter result of FY20 today. During a challenging market environment, the company delivered a healthy performance. Its consolidated revenue for the quarter grew by seven per cent YoY to Rs 2,353 crore.

Voltbek Home Appliances, a joint venture of Voltas and Arcelik, a consumer durables player in Europe, announced on Thursday about the opening of its first manufacturing facility in India. Situated in Sanand (Gujarat), the site factory will manufacture home appliances which will include refrigerators and washing machines, thus creating an Original Equipment Manufacturer (OEM) base for home appliances in the region.

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Sensex slipped more than 280 points at the end of Thursday’s session, after closing in green, that is, above 200 points on Wednesday. Sensex closed at 40,913.82 levels, down by 0.69 per cent while, Nifty managed to close at 12,035.80 levels, down by 0.77 per cent.

Axis Bank, the third-largest private sector bank in India, informed on Thursday that they are planning to raise up to Rs 4,175 crore by issuing Non-Convertible Debentures (NCDs) on a private-placement basis.

The market opened in the green on January 30, 2020, overall volumes in futures & options currently stand at 2.42 crore contracts with a turnover of Rs. 17,36,105.08 crore.

The market opened in the green on January 30, 2020, overall volumes in futures & options currently stand at 2.42 crore contracts with a turnover of Rs. 17,36,105.08 crore.