DSIJ Mindshare

The Indian conglomerates Reliance Industries' subsidiary announces plans to acquire British toy retailer Hamleys for a cash consideration of Rs. 620 crore or GBP 67.96 million.

South Indian Bank reported its financial performance for the quarter ended March 2019. Net Interest Income (NII) surged a mere 1 per cent YoY to Rs. 499 crore in Q4FY19 from Rs. 492 crore in Q4FY18.

Overall volumes in futures & options currently stand at 3.32 crore contracts with a turnover of Rs. 21,48,919.95 crore.

Overall volumes in futures & options currently stand at 3.32 crore contracts with a turnover of Rs. 21,48,919.95 crore.

The index has strong support in the zone of 11,180-11,230 as it has an unfilled upside gap (11,180-11,227) which was formed on March 12 and also 50 per cent retracement of the rise from February's low to April's high is placed in the region. In any case, if it falls below this level, Nifty may test 11,000 very fast. Stocks in news: Reliance Industries, Edelweiss Financial Services, Welspun Corp.