L&T Finance has raised Rs. 2,228.06 crore worth of subscriptions which is 4.45 times the base issue size of Rs. 500 crore. The company announced an early closure of the public issue due to over-subscription of the tranche I issue.

Overall volumes in futures & options currently stand at 2.80 crore contracts with a turnover of Rs. 17,03,076.34 crore.

Overall volumes in futures & options currently stand at 2.80 crore contracts with a turnover of Rs. 17,03,076.34 crore.

Diversification of your portfolio helps you generate returns that are in accordance with your risk appetite. It helps optimise your portfolio in terms of risks and returns.

The stochastic oscillator is in the extreme overbought condition which, along with the formation of an exhaustive pattern, clearly hints that the index may witness some more consolidation before it makes any major headway on the higher side. Stocks in news: Arvind Fashion, KNR Construction, Lupin, Infosys, BLS International Services, Sadbhav Infrastructure Projects and Reliance Industries.

The negative sentiments prevailing across the globe indicate pressure at the opening as global growth concerns came to haunt markets after the European Central Bank (ECB) slashed growth forecast. At the time of writing, SGX Nifty was trading at 11,068, down by 0.18 per cent. For Nifty, the zone of 10,980-11,000 is going to act as a crucial support, while on the upside, only a move above the February 7 high of 11,118 could provide a fresh impetus.

The stocks that are likely to witness significant movement on the bourses on March 8 are NHPC, Jindal Stainless, Tata Coffee, KNR Construction and Infosys.

Following stocks are close to their 52-weeks low as at 4.00 p.m. on March 7, 2019.

The markets on March 7, 2019 opened up. BSE Sensex is closed at 36,725.42, up by 89.32 points and the Nifty is closed at 11,058.20, up by 5.20 points. 

NHPC shares rallied up to 8 per cent as the company received approval for investment in Chenab valley power project from the Cabinet Committee and acquisition of Lanco’s Teesta hydro project.