Lenders' consortium led by the State Bank of India (SBI) has filed an insolvency plea against the now non-functional airline Jet Airways with the National Company Law Tribunal (NCLT). Reacting to this development, the stock of Jet Airways tumbles close to 50 per cent.

Following stocks are close to their 52-weeks low as at 1:02 p.m. on June 18, 2019.

The markets on June 18, 2019 opened flat. BSE Sensex is trading at 39,117.80, up by 157.01 points and the Nifty is trading at 11,715.30, up by 43.15 points. 

The Board of Directors of Tech Mahindra have approved the proposal to acquire 100 per cent shareholding of Objectwise Consulting Group Inc. The information technology (IT) firm will pay 2.75 million Canadian dollars (approximately Rs. 14.33 crore) for the company.

Interglobe Aviation, the operator of Indigo Airline, informed the bourses that it has ordered CFM International LEAP1A engines to power 280 Airbus A320neo and A321neo aircraft, on Monday.

As every coin has a flip side, mutual funds are not different in that sense. Fund managers not only buy but also sell. It becomes equally important to know what they are selling. So, let’s find out.

Investing in mutual funds for most of us is like buying a dress that is in trend now and looks good from outside. Nevertheless, buying a mutual fund should be more like a home.

Overall volumes in futures & options currently stand at 1,15,01,883 contracts with a turnover of Rs.8,02,265.21 crore.

Overall volumes in futures & options currently stand at 1,15,01,883 contracts with a turnover of Rs.8,02,265.21 crore.

Nifty May correct up to the level of 11,600, which is 50 per cent retracement level and also the low of May 20 session. In any case, if these levels do not hold, there is a probability of filling the gap of May 20. Stocks in news: Reliance Industries, Biocon, InterGlobe Aviation, Hero Motocorp, Tech Mahindra.