The markets on February 18, 2019 opened gap down. BSE Sensex is trading at 35,622.57, down by 186.38 points and the Nifty is trading at 10,668.25, down by 56.15 points. 

With a recent correction in the stock market, especially in the infrastructure space. People are keen to know whether is it right time to invest in MFs dedicated to the infrastructure sector or not. Let’s find out.

The shares of Dewan Housing Finance Corp gained 7 per cent on Monday after private equity firms Baring Pvt. Equity, Bain Capital and Hero Fincorp contemplated the purchase of stake in the debt-laden company. After losing out on Aadhar Housing Finance, these companies are now vying for stake in DHFL.

The scope of work includes design, engineering, procurement and construction of Passenger Terminal Building, a new runway, rehabilitation of a runway, taxiways and aprons, a new elevated eastern cross taxiway, landside roads, utility infrastructure, drainage and modifications for the existing Terminal.

Tata Motors-owned UK-based company, Jaguar Land Rover (JLR) is striving to raise investments worth US$ 1 billion, mere days after reporting astounding losses. It aspires to procure the same within 14 months.

Glenmark Pharmaceuticals announces that it has received final USFDA approval for Clobetasol Propionate Foam. The market for the medicine was approximately US$50.9 million in the 12-month period ending December 2018 in the US market, according to pharma market tracker IQVIA.

Overall volumes in futures & options currently stand at 1.17 crore contracts with a turnover of Rs. 7,39,087.25 crore.

Overall volumes in futures & options currently stand at 1.17 crore contracts with a turnover of Rs. 7,39,087.25 crore.

PNC Infratech has been awarded a project worth Rs. 186 crore on Friday. The shares of the company opened in green as the company received the Letter of Award (LoA) from Public Works Department (PWD), Uttar Pradesh.

For any immediate decline, the zone of 26300-26400 is likely to act as crucial support for the index, as it is the confluence of double bottom and 200-day exponential moving average.