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Subsidiary of Hinduja Group, Ashok Leyland has signed an MoU with ELBIT Systems, Israel. The shares of the company gained more than 2 per cent intraday on Wednesday.

The cement major's MD and CEO Ajay Kapur has decided to resign from his post. The board has approved the resignation. Also, the company has announced a capacity expansion plan for its facility in Rajasthan.

White Organic Agro Limited announced the receipt of a direct export order of Long Grain Crème Sella Rice to Rebat Al Houda Trading Est, Dammam, Saudi Arabia. This would be the company’s first order in the international market.

The stocks most likely to witness significant movement on the bourses on December 13 are ITC, Bandhan Bank, Jubilant FoodWorks, Pricol and Ramco Systems.

It was a double whammy for the market on Tuesday when the RBI Governor suddenly resigned and the ruling party lost three major state elections. But in contrary to expectations, the market gained strength and closed up by more than 600 points, read on to find the reason for this anomaly.