Essel Group, the Subhash Chandra led promoter group of Zee Entertainment Enterprises, is about to lose the management control of the company as it plans to sell its 16.5 stake in ZEEL to financial investors.

The Cabinet approved key changes to the Toll Operate and Transfer (TOT) framework, in order to make monetization of road assets more investor friendly.

OnMobile has made an announcement about entering a partnership agreement with Gionee, owned by the Jaina Group. This partnership is aimed at launching a contest platform in a bid to to provide an intuitive and rewarding experience for the users of Gionee.

Following stocks are close to their 52-week High as at 9.56 a.m. On 21 november

Oil India Limited (OIL) has commenced exploration activities, including seismic survey data acquisition in its Rajasthan’s Siyasar block, RJ-ONHP-2017/9. The block falls under Bikaner and Ganganagar districts of Rajasthan.

The integrated global Pharmaceutical and Life Sciences company announced on Wednesday that the Ministry of Commerce (MOFCOM), China, has decided to terminate the 17.6 per cent anti-dumping duty on imported pyridine, originating in India. Jubilant Life Sciences is a top manufacturer of Pyridine and its 14 derivatives.

The Great Indian Shipping Company Limited (GE Shipping) has contracted to sell 'Jag Lakshita', its 2000 built Suezmax Crude Carrier of about 1,47,092 dwt. The vessel will be delivered to the new buyer in Q3FY20.

Following stocks are close to their 52-week low as at 9.56 a.m. On 21 November 

Judging by the early action at SGX Nifty, it seems the markets are likely to witness a shaky start, with the increasing uncertainty over the Sino-American trade deal. At the time of writing this, the SGX Nifty was down by 12 points at 11,999 levels.

In a nutshell, since the Nifty has not achieved a clear and decisive breakout with strength, we reiterative that traders should play out this range of 11,800-12,040 unless a firm and confirmed directional bias is established. Stocks in news: Jubilant Life Sciences, Oil India, DHFL, GAIL, Tata Motors, Dilip Buildcon, ZEEL.