The possibility of losing the contract for Mumbai-Pune Expressway exerted heavy selling pressure on the shares of IRB Infrastructure Developers, causing them to drop 14 per cent to an over 5-year low of Rs. 90 per share in Wednesday’s trading session.

Leading commercial vehicle manufacturer Ashok Leyland has informed that the company has closed its plant in Pantnagar for six days in the month of June.

Overall volumes in futures & options currently stand at 2,22,00,961 contracts with a turnover of Rs.15,36,664.31 crore.

Overall volumes in futures & options currently stand at 2,22,00,961 contracts with a turnover of Rs.15,36,664.31 crore.

Nifty is now approaching towards its crucial support zone of 11,590-11,605, which is an important level as the upper band of the gap area, i.e. 11,592-11,426. On the higher side, the level of 11,730, followed by 11,800, is likely to act as a resistance zone. Stocks in news: Essel Propack, Apollo Hospital, Newgen Software Technologies, IndusInd Bank, HDFC, Adani Green Energy, PNB, TCS.

Indian markets are expected to open the session with modest gains as cues from Asian peers are positive. At the time of writing, the SGX Nifty was trading at 11,754 level, up by 35 points.

India Ratings and Research has downgraded Jain Irrigation’s long-term issuer rating to 'IND BBB' from 'IND A-' and has placed it on a ‘Rating Watch Negative’(RWN). Reacting to this development, the stock of the company plunged by 28.10 per cent.

NLC India Limited received a confirmation from TANGEDCO for the 100 MW Solar PV power plant, out of 709 MW solar power projects awarded by TANGEDCO. The company has successfully commissioned the plant and the commercial operation has been declared with effect from May 29, 2019.

Bharat Heavy Electricals Limited (BHEL) has been successful in commissioning Unit 1 of the 4x84 MW Chhukha hydro-electric project (HEP) following complete renovation and modernisation (R&M) of the generator in Bhutan.

The Indian benchmark indices went through a volatile ride but at the end, they settled for the day in a positive zone, on Wednesday.