ONGC Videsh which is wholly owned subsidiary of Oil and Natural Gas Corporation Limited (ONGC) has reported of oil discoveries in its onshore exploration block CPO-5 in Colombia located in the Llanos basin and major gas in the deep offshore exploration block BM-SEAL4  in Brazil located in the Sergipe Alagoas Basin.

Investors grapple to take decision on a fund when the fund manager managing that fund leaves. Read on to find if you should exit the fund. 

A subsidiary of Sun Pharma launched Drizalma Sprinkle in the United States. It is the first and only USFDA approved sprinkle formulation of Drizalma Sprinkle which is delayed-release duloxetine capsules used in treatment of patients suffering from neuro-psychiatric and/or pain disorder accompanied with difficulty swallowing.

Unlike stocks there are various reasons when one should consider selling or redeeming mutual funds. What are they? Let’s find out.

The US Food and Drug Administration (USFDA) successfully audited  Indoco Remedies’ sterile manufacturing facility in Goa (Plant II) during the period from October 7 to 15, 2019.

ARSS Infrastructure Projects Limited has won an order of Rs. 50,46,70,085 for "Construction of Roadbed, Minor Bridges, Service Buildings including Amenities, Passenger Amenities at Stations and related works along with General Electrical Works in connection with 3rd line between Rayagada (KM: 343.90) to Jimidipeta (KM: 356.518) on Waltair Division of East Coast Railway in Odisha State.

Bajaj Resources Ltd, the promoter entity of Bajaj Consumer on Tuesday sold nearly 21.9 per cent of total shareholding. This stake sale represents around 36 per cent of overall promoter holdings. Consequently, the stock on Tuesday tanked nearly 10 per cent.

The first task for the bulls would be to cross the 61.8 per cent retracement (11,463) and sustain above this level to maintain its rhythm of higher-high:higher-low.  Stocks in news: Bank of Maharashtra, ONGC, NBCC, Thangamayil Jewellery, ENIL, REC, ARSS Infrastructure Projects.

This morning markets are greeted with both the positive and negative headlines. The weight of positive headlines is likely to overshadow the negative headlines as most of the negatives is already factored in and we believe that the positive catalysts will keep the bulls in driving seat today.

In today’s trade the benchmark indices were trading in positive terrain and in addition the Metal stocks too joined the rally. BSE Metal index was up by nearly 2.8 per cent and  touched an intra-day high of 9,042.35. In last one week the BSE Metal index has delivered nearly 7 per cent return.