The government also has formed a ‘National Steel Policy’, which aims this achievement of 300 MTPA crude steel capacity by 2030. It has further taken certain steps toward fulfilling this goal.

The level of 11,185 is an important support in the near term. Hence, keep a close tab on this level while on the upside, the level of 11,340 would act as immediate resistance. Stocks in news: Jindal Steel & Power, Karda Constructions, TCS, L&T.

After a 'black Monday', the early cues from SGX Nifty indicate that the bulls would try to regroup and stage a comeback on D-Street as SGX Nifty is trading up by 30 points at 11,274 levels.

Angel Broking, one of the largest retail broking houses in India in terms of active clients on NSE, is coming out with its IPO today. Read on to find out if you should subscribe to the issue.  

Ramco Systems today announced that it had signed an agreement with CHI Aviation for delivering the full suite Ramco Aviation Software.

On Monday, a huge sell-off was seen in the domestic markets across various sectors such as metal, banks, realty, auto, etc.

Despite the sales & volume growth, the price realisations and delay in the payment of subsidy remain as the key challenges to the company. Further, the lack of availability of domestic gas to fertiliser sector and increasing trend in the price of spot RLNG, volatile prices of fertilisers in the international market add vows to the company.

The company has commenced the building construction work of Destination One Mall in Nashik, against the work order, worth Rs 33 crore, awarded by Shree Sainath Land & Development (India).

In the recent quarter (Q1FY21), the company’s NPA declined by 33 bps, and credit cost declined by 552 bps QoQ. The company also beat the estimates with a jump in profit, supported by a strong net interest income (NII), lower operating expenses, and lower-than-expected provisioning.

Starting the expiry week of the September, the domestic markets were volatile on Monday. Later during the day, the indices plunged, owing to the global sell-off cues as well as due to FinCEN’s announcement. Sensex slid by 811.68 points or 2.09 per cent to close at 38,034.14 while Nifty declined by 283.25 points or 2.46 per cent to settle at 11,221.70.