Index trend and stocks in action on March 17, 2020
Index trend and stocks in action on March 17, 2020

Index trend and stocks in action on March 17, 2020

DSIJ Intelligence-3 Article rating: 4.7

Nifty has a crucial support in the band of 8,700-9,000 as in 2015 and 2016, we have seen that Nifty resisting at this around 9,000 mark and once the price breaks above the resistance, it becomes an area of support. Stocks in news: Maruti Suzuki India, Grasim, KEC International, IOC.

Nilkamal Ltd board approves a big dividend
Nilkamal Ltd board approves a big dividend

Nilkamal Ltd board approves a big dividend

DSIJ Intelligence Article rating: 4.5

The board of directors of Nilkamal Limited have approved second interim dividend at the rate of Rs 10 per equity share, having the face value of Rs 10 each for FY19-20.

Alembic Pharma Panelav facility receives 4 observations
Alembic Pharma Panelav facility receives 4 observations

Alembic Pharma Panelav facility receives 4 observations

DSIJ Intelligence Article rating: 4.0

Alembic Pharmaceuticals announced that US Food and Drug Administration (USFDA) conducted an inspection at Alembic Pharmaceuticals General Oral Solid Formulation Facility located in Panelav (Gujarat).

Maruti expands its commercial network portfolio with tour range
Maruti expands its commercial network portfolio with tour range

Maruti expands its commercial network portfolio with tour range

DSIJ Intelligence Article rating: 4.2

The country's largest carmaker, Maruti Suzuki, announced the expansion of its commercial network portfolio on Monday. The company will now sell an extensive tour range of vehicles, namely Tour H1 (Hatchback), Tour H2 (Hatchback), Tour S (Sedan), Tour V (Van) and Tour M (MPV).

BHEL bags order for electric buses
BHEL bags order for electric buses

BHEL bags order for electric buses

Apurva Joshi Article rating: 3.8

Bharat Heavy Electricals Limited (BHEL) has won a prestigious order for the supply of state-of-the-art electric buses along with charging infrastructure, for Gorakhpur (Uttar Pradesh).

Sensex tanks by more than 7 per cent; Nifty follows in pursuit
Sensex tanks by more than 7 per cent; Nifty follows in pursuit

Sensex tanks by more than 7 per cent; Nifty follows in pursuit

DSIJ Intelligence Article rating: 5.0

The key benchmark index-Sensex crashed by 2,713.41 points, close to the level of 31,390.07, down by 7.96 per cent on Monday. Nifty 50 also fell by 7.6 per cent, which is 756.10 point to the level of 9,199.10. The continued panic selling was driven by the deepening fear of Coronavirus pandemic.

TRIL shines on order win of Rs 130 crore
TRIL shines on order win of Rs 130 crore

TRIL shines on order win of Rs 130 crore

Apurva Joshi Article rating: 4.7

Transformers & Rectifiers India Limited (TRIL) jumped 16 per cent on bagging order worth Rs 130 crore from Power Grid Corporation of India Limited.

IDFC, Federal & Bandhan banks to invest in Yes Bank
IDFC, Federal & Bandhan banks to invest in Yes Bank

IDFC, Federal & Bandhan banks to invest in Yes Bank

Avalokita Pandey Article rating: 3.5

Yes Bank Reconstruction Scheme 2020, after being approved by the central government, came into enforcement on March 13, 2020. With this, IDFC became the first bank to make an equity investment in Yes Bank. 

Corona impact on stocks!
Corona impact on stocks!

Corona impact on stocks!

Amir Shaikh Article rating: 4.1

All over the world, equity market has been witnessing a massive sell-off due to weak market sentiments triggered by the outbreak of Coronavirus. This panic-like situation has resulted in a sharp fall in the benchmark indices all over the world

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