Going ahead, it is important for the index to get past the identical top of the last two trading sessions at 10,887-10,889. Once Nifty sustains above this resistance zone, we believe it will move towards the zone of 10,950-10,965. Stocks in news: Bharat Financial Inclusion, Unichem Laboratories, Tata Steel, MRF, ONGC, Bank of Maharashtra, GMR Infrastructure and Time Technoplast.

Although Asian peers looking in a good shape in early trading, Indian markets are likely to open with modest gains. At the time of writing SGX Nifty was trading higher by 36 points at 10,859 level.   

S Chand along with its wholly-owned subsidiary Eurasia acquired the remaining 26 per cent stake in Chhaya Prakashani, a company in which it holds majority stakes.

The board of directors of Varun Beverage approved fundraising of upto Rs. 1,500 crore through Qualified Institutions Placement (QIP) but its subject to the approval of shareholders in the Annual General Meeting which is to be held on April 17, 2019. 

Intellect Design Arena Limited (IDAL) bagged a substantial multi-million destiny deal from Emirates NBD. 

Adani Power has spiked up more than 17 per cent in the closing hours of trade on Tuesday as it received approval for the acquisition of the entire stake of Adani Power Dahej (APDL), Adani Pench Power (APPL) and Kutchh Power Generation (KPGL) from Adani Enterprises (AEL). 

A navratna firm Bharat Electronics (BEL) and Bharat Forge has entered into a memorandum of Understanding (MoU) for strategic co-operation in the field of defence and aerospace products / systems to jointly capitalise on the emerging opportunities in the domestic market.

The maker of iconic bike Royal-Enfield, Eicher Motors informed bourses that workers have resumed work at Royal Enfield’s Oragadam, Chennai facility and reported to work effective from Saturday, February 23, 2019.

The Indian rupee weakened against the US dollar on account of fresh demand for the US currency from importers. 

Following stocks are close to their 52-weeks low as at 2.20 p.m. on February 26, 2019.