The markets on June 28, 2018 opened up. BSE Sensex is trading at 35,124.91, down by 92.20 points and the Nifty is trading at 10,623.00, down by 48.40 points. 

The only IPO open for a subscription this week has witnessed a steady flow of interest from investors. The IPO will close on June 28, Thursday. The price band of the Varroc Engineering is Rs. 965.00 to 967.00 per share of face value Rs. 1 and the lot size is 15 equity shares.

Thematic funds are the funds whose objective is to reap optimal returns through investment in stocks which belong to a particular theme

Exide Industries gained over 1.5 per cent in early morning trade on Thursday after the company announced entering in to a JV agreement with a Switzerland-based company.

BSE StAR MF has crossed 10,000 Mutual Funds Distributors (MFD) registration, adding over 1,500 new distributors per month.

Kakinada SEZ Limited was declared the selected bidder by the government of Andhra Pradesh. The port will be developed through PPP model.

India’s leading steel company, JSW Steel, has informed the bourses that it is planning to increase the annual steel manufacturing capacity of its JSW Vijayanagar works to 13MTPA. The capacity expansion is likely to be completed by March 2020. 

In terms of full year performance, the revenue for FY18 surge 33 per cent to Rs. 955 crore. EBITDA for the full year also rose 27 per cent to Rs. 178 crore. Notably, company’s net profit jumped 38 per cent yoy to Rs. 100 crore. 

Overall volumes in futures & options currently stand at 1.42 crore contracts with a turnover of Rs. 12,64,849.26 crore.

Overall volumes in futures & options currently stand at 1.42 crore contracts with a turnover of Rs. 12,64,849.26 crore.