The stock of IGL has formed a morning star candlestick chart pattern on the daily scale which is considered as a trend reversal pattern.
According to the monthly sales update provided by the company, Mahindra & Mahindra sold 15.1 lakh units during the quarter
Fed's assessment of a long-lasting damage to US economy dented risk appetite
The situation post March has turned for the worse with occupancies (quarantine, medical staff) at around 20 per cent levels, indicated analysts
The company, according to its new strategy, is focusing on growing its India-based branded products
Equity market volatility, credit risk concerns impact sentiment
Happiest Minds, which becomes the first player to file a share sale document since March, will list its shares in both NSE and BSE post the offer
BSE Sensex tumbled 709 points or over 2 per cent to 33,538 while NSE's Nifty ended at 9,902, down 214 points or 2.12 per cent
Among the major highlights of the hearing were Supreme Court's direction to the Department of Telecom to reconsider demands raised against the PSUs
All that happened in the markets today
The Board meeting has been rescheduled for a later date but will be held on or before the current long stop date of 24th June 2020, the company said.
Nearly 40% of the schemes underperformed the Nifty
Despite the muted result and near term worries, the multinational drug major, India's second largest by market share is expected to post strong growth led by power brands and new launches
The company's consolidated profit before tax more-than-doubled to Rs 14.8 crore for the March quarter against Rs 3.6 crore in the year-ago quarter.
In the past week, Muthoot Finance has outperformed the market by surging 9 per cent as compared to 0.45 per cent rise in the S&P BSE Sensex
The company made a provision of Rs 909.64 crore on account of the Covid-19 impact
The stock was trading higher for the fifth straight day, ralling 8 per cent to Rs 541 on the BSE on Thursday
On June 10, 2020, Vijay Kishanlal Kedia purchased 339,843 shares, representing 1.1 per cent of the total equity of Ramco Systems, at Rs 87.82 per share on the NSE.
Here's a look at the top stocks that may remain in focus today
Once the stock breaks out, wait for the rally to sustain with decent volumes. Volatility in volume structure reflects uncertainty and indecision. It is better to hold nerves and let the price settle.