Leading infrastructure developer IRB Infrastructure informed the bourses that it has received appointed date for its Hapur Moradabad project, w.e.f. May 29, 2019. The company would now commence toll collection and construction of the project.

The company is going to expand its existing 2,4-D capacity by 10,800 MTPA, leading to a total capacity of 20,400 MTPA for the herbicide. 2,4-D is a widely used and environmental-friendly herbicide and one of the top 10 most commonly used in the agricultural sector.

Overall volumes in futures & options currently stand at 1,51,41,375 contracts with a turnover of Rs.10,58,882.72 crore.

Kolte Patil Developers Limited has entered into share purchase agreement with ICICI Venture Funds Management Company Limited to acquire 50 per cent equity stake in Kolte Patil I-Ven Townships (Pune) Limited (KPIT).

Overall volumes in futures & options currently stand at 1,51,41,375 contracts with a turnover of Rs.10,58,882.72 crore.

All stock exchange and clearing corporation have jointly decided to extend the deadline for the mandatory shift to an interoperable framework by July 1, 2019. SEBI had laid down the guideline for the interoperable framework in November 2018.

We expect the level of 12,000, followed by 12,041, to act as a stiff resistance for the Nifty, while the Monday session's low of 11,812 is likely to act as an immediate support level for the Nifty. Stocks in news: IRB Infrastructure Developers, Karur Vysya Bank.

At the time of writing, SGX Nifty was trading at 11,907, down by 22 points. Adani Enterprises, Adani Power, BEL, Cadila Healthcare, Glenmark, Havells, IDFC, NBCC, PFC and Power Grid are among the results scheduled for the day.

Leading public sector bank Punjab National Bank (PNB) posted surprise losses for the March quarter of FY19 owing to higher provisions. The bank's asset quality improved in Q4 and so did the provision coverage ratio.

The stocks that are likely to witness significant movement on the bourses on May 29 are Spice Jet, Hindustan Copper, Sakthi Sugar, Zydus Wellness and Tech Mahindra.