Going forward, immediate support for market stands around levels of 9060, and breach of this support level may open up for correction upto levels of 9000, the level of 9000 being a major support level. On the upside, Nifty needs to sustain above 9170 to continue its up-move up to levels of 9220-9250.
At 8:03 am, SGX Nifty Index was trading lower by 5.50 points at 9106, indicating a flat to negative start for Indian equities.
Seeking sanction for an Initial Public Offering, India's largest public sector shipyard, Cochin Shipyard, has filed a Draft Red Herring Prospectus ( DRHP) with SEBI.
The Lok Sabha on March 24, 2017 discussed the disbursal of a total of Rs 8,77,527 crore agricultural credit in FY16 and Rs 8,45,328 crore in FY15.
Applicable from April 1, 2017, the Finance Bill, recently passed by the Parliament is likely to bring in some significant amendments in the income tax laws.
In a massive blow to Reliance Industries (RIL), the market regulator, Securities and Exchange Board of India (SEBI), has banned the Company from accessing the equity derivatives market for a year, effective March 24, 2017.
The Department of Telecom commanded the operators to verify all the mobile phone subscribers, both prepaid and postpaid using the e-KYC from now on.
Since the US duties, the Chinese and Indonesian paper manufacturer have targeted Indian markets and the supply from these Asian competitors clubbed with increasing digitalisation is something that is posing humongous challenge for Ballarpur.
The Ministry of Road Transport and Highways in a draft notification announced that Bharat Stage IV mass emission norms for 2 wheeled 3 wheeled and 4 wheeled vehicles will be mandatory across the country from April 1, 2017.
Government had been pressurising the oil-marketing companies in the country to pay dividends as early as possible.
A surge of 1 per cent was witnessed on S&P BSE Banking index and the Nifty bank on March 24, 2017. While Bank of India, Bank of Baroda, ICICI Bank, PNB, Federal Bank and Canara Bank emerged as the top gainers of the day.
The stocks which are expected to witness significant movement on March 27 are, HPCL/BPCL/ONGC/IOC, Nelco, DFM Foods, Dilip Buildcon and Bajaj Holdings & Investment.
Indian capital markets traded on positive sentiments on the back of rise of the banking stocks. Nifty was able to sustain above the 9100 level.Markets ends positive on the last day of week
Futures trading of Tur and Urad was banned in 2007, while the trading of chana was banned in 2016 after a price rise and risk of high inflation.
The S&P BSE Small-cap index hit a fresh 9-year high of 14134.66 on Friday, on an intra-day basis. The index is just 104 points away from its all-time high of 14239, touched on January 8, 2008.
BASF India announced that its parent company has come to an agreement with Stahl to divest its leather and chemical business to Stahl Group.
BSE Sensex and Nifty are trading higher by more than 0.25 per cent on an intraday basis. BSE Sensex is at 29425 and Nifty is at 9108 at 3.12 p.m.
The treaty expected to come into effect from April 1, 2017, will disrupt a large amount of foreign institutional investment made through P-notes by the investors who are not registered with the Securities Exchange Board of India.
Insurance comparison portal, Policybazaar, is banging on an initial public offering (IPO) by the end of 2018. The company also is close to raising a pre-IPO round worth USD 50 million (Rs 327 crore).
A research report tabled by SBI states that the state is burdened with an outstanding farm credit of Rs 86,241.20 crore. Most of the loans are disbursed to small and marginal farmers.
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