The market opened lower on December 4, The previous day witnessed the Sensex going down by 0.3 percent to close at 40,675.45 while Nifty fell 0.45 percent to close below 12000.

The market opened lower on December 4, The previous day witnessed the Sensex going down by 0.3 percent to close at 40,675.45 while Nifty fell 0.45 percent to close below 12000.

HDFC Asset Management’s promoter, Standard Life Investments, is selling around 2.23 per cent stake, representing 4,750,000 equity shares of total equity share capital of the company. 

Nitco Limited has entered into a non-binding term sheet to appoint Hines India Real Estate Pvt. Ltd. as a development manager for providing end-to-end services for office/mixed-use development on the 4-acre plot with a development potential of approx 1.3 million sq. ft. of leasable/ saleable area.

On 4th December, overall volumes in futures & options currently stand at 1.38 crore contracts with a turnover of Rs. 9,78,982.48 crore.

On 4th December, overall volumes in futures & options currently stand at 1.38 crore contracts with a turnover of Rs. 9,78,982.48 crore.

Eris Lifesciences Limited has acquired the trademark ‘Zomelis’ and its associated trademarks from Switzerland-based Novartis AG for Indian pharmaceuticals market with effect from December 10, 2019.

The stock markets across the world have cracked impulsively and the biggest thorn in the flesh, which resulted in this impulsive crack, is the comments from the US President, Donald Trump, that indicated that a trade deal with China may not be reached until next year.

The level of 11,956  is the key to watch out, as a move below this level would mean that the index might be heading to levels of 11,800-11,820 in the short term. Stocks in news: HDFC Asset Management Company, NBCC, Yes Bank, Eris Lifesciences, Bajaj Finance.

India’s benchmark indices, the BSE Sensex and the NSE Nifty, which opened lowered traded on a pessimistic note and settled for the day at 40,675.45 and 11,994.20 down by almost 126.72 and 54 points, respectively.