India’s biggest and the world’s third largest stock exchange in terms of the amount of transactions, the National Stock Exchange (NSE) recently introduced interest rate options on 10-year Government of India bonds, witnessing turnover of 5,926 contracts soon after the launch.

The market opened in the green on 10th December (Tuesday) . On Monday, the Sensex rose by 0.1 percent to close at 40,487.43, while the Nifty rose by 0.13 percent to end at 11,937.50.

Dilip Buildcon Limited, through JV, has been declared an L-1 bidder for a project by the Delhi Metro Rail Corporation Limited. The project cost is Rs. 825.62 crores.

The identical low (11,888) of the previous two trading sessions is likely to act as an immediate support level and on the upside. The 20-DMA, which is placed at 11,981, is likely to act as an immediate resistance level. Stocks in news: Hero Motocorp, Time Technoplast, Redington, Mphasis, Bank of Baroda.

The lack of any major development on our shores may have sent market participants to look more closely at the developments taking place overseas but the overseas markets are also seen lacking any decisive direction due to the absence of any major trigger.

According to the data released by AMFI the net inflows to equity have dipped below Rs. 1,000 crores for the first time in the last several years, however, large cap dedicated funds were able to garner sizable inflows in the month of November. 

Small savings schemes are something, which many financial advisors consider as an inefficient product; however, that is not the case. Let us discuss a few reasons, which attests that investing in small saving schemes is beneficial for you.

PSP Projects informed the bourses that it has secured a major work order for Civil Construction of Nestle India Plant at Sanand, Ahmedabad, Gujarat worth Rs. 99.72 crores.

Acuite Rating agency has reaffirmed the long-term rating of 'ACUITE AA-' to the Rs. 300 Cr. secured redeemable Non-convertible debenture issued by Tourism Finance Corporation of India Limited (TFCI). The outlook has been revised from 'Stable' to 'Negative'.

With rising focus on Africa, the management expects to generate topline of Rs. 500 crores in the next five years. Also, with the sole concentration on its upcoming plant, the management will look forward to replicating the Ethiopian model in the rest of Africa.