The stock of Sterlite Technologies was buzzing on the bourses as its promoter entity Volcan Investments reached an in-principle agreement with their lender to remove pledge on shares. Promoters are expected to release shares of Sterlite pledged with the lender by the end of July, 2019.

In a bid to raise capital, the public sector bank is identifying non-core assets or investments to be monetized. The bank plans to raise Rs. 850 crore this financial year.

In the coming session, April's month low of 11,549 would be the key level to watch out for as holding above the same would keep supportive options open. Stocks that will be in focus include Lemon Tree Hotels, HDFC Bank, Dhanuka Agritech, Wipro, TCS, Kesar Enterprises, HDFC and IOB.

Firstsource Solutions' net profit stood at Rs. 98.24 crore from Rs. 92.8 crore in December 2018, up 5.8 per cent in December 2018. The company’s revenue stood at Rs. 964.2 crore as against Rs. 871.3 crore, up 10.6 per cent YoY.

The company has reported its net profit at Rs. 2,012 crore for the Q4FY19 as compared to Rs. 2,505 crore for the same quarter in the previous year thus presenting a fall of 19.68 per cent. 

The stocks that are likely to witness significant movement on the bourses on May 7 are TCS, Mahindra CIE Automotive, Asian Oilfield, Alembic Pharmaceuticals and Ceat

After opening gap-down, the benchmark indices experienced continued selling pressure throughout the day on Monday. Following renewed tariff threat from the US President Donald Trump, negative sentiments gripped the market right from the opening bell with auto, metal and stocks dipping the most.

PNC Infratech has entered into a share purchase agreement with Cube Highways and Infrastructure for sale of its entire stake, i.e. 2,93,24,000 equity shares, representing 15.12 per cent of the total shareholding in Ghaziabad Aligarh Expressway, an associate of PNC Infratech.

Franklin Templeton MF abolishes exit load on a switch from regular plan to direct plan. What does it mean to you? Let’s find out.