The bias remains positive as long as the Nifty holds above 11,800 mark and traders should adopt buy on dips strategy. The index is likely to consolidate in the range of 11,800-12,050. Stocks in news: Lupin, Tata Power, Wipro, Escorts, Avanti Feeds, Indian Hotels.

The innerwear business progressed on its aggressive growth trajectory, with continued launch of newer categories and styles, along with the expansion of its distribution network, which stood at ~18,000 outlets at the end of this quarter.

The stock of Avanti Feeds Limited has formed a Bearish Engulfing candlestick pattern on the daily timeframe.

The stock of AU Small Finance Bank Limited has given a downward sloping trendline breakout on the daily timeframe, formed by connecting swing highs from August 2018. This breakout is supported by strong volumes.

The recent data from the industry body, AMFI shows that mutual fund investors have increased their holding period. Read on to know the exact details. 

The Sensex and the Nifty closed today's session at 40345.08 and 11912.95 levels, closing flat or adding 0.05% each, over their previous closing.

The United States Food & Drug Administration (USFDA) has given its final approval to Glenmark Pharmaceuticals Inc., USA (Glenmark), for Adapalene and Benzoyl Peroxide Gel, 0.1%|2.5%.

Jaguar Land Rover (JLR) reported a 5.5 per cent YoY fall in its retail sales for October. On the contrary, the company reported a sales recovery in China, up by 16.2 per cent YoY, which was reflected an upward stock movement of Tata Motors.

Larsen & Toubro (L&T) Construction has been awarded various contracts from many prestigious clients spread across the country.

The following companies will be in focus on announcement of their Q2FY20 on Tuesday: Aditya Birla Fashion, Aurobindo Pharma, Cochin Shipyard, Godrej Industries and Natco Pharma.