Uttam Galva has informed the exchanges that it has indeed made a preliminary one-time settlement offer to payback 100 per cent of its dues to all of its lenders. This is the company’s second out of court settlement offer after the banks refused to accept a steep haircut, when the company offered to payback only 51 per cent of its dues.

SKIL Infrastructure has increased paid-up equity share capital in Navi Mumbai Smart City Infrastructure (NMSCIL) and with this, NMSCIL is ceased to be a subsidiary of the company.

Following stocks are close to their 52-week low as at 1.00 p.m. on April 18, 2018.

The markets on April 18, 2018 opened gap down. BSE Sensex is trading at 34,468.09, up by 73.03 points and the Nifty is trading at 10,570.25, up by 21.55 points. 

Many of the mutual fund investors who have retired or are planning for a retirement usually seek the option of gaining a regular income from their investments to meet their day-to-day expenses.

The stressed asset problem in the banking system is getting momentum and has seen its first result today. Electrosteel Steels Ltd becomes the first of the 12 accounts to get resolved under NCLT proceedings

Overall volumes in futures & options currently stand at 66.34 lakh contracts with a turnover of Rs. 5,87,461.49 crore.

Overall volumes in futures & options currently stand at 66.34 lakh contracts with a turnover of Rs. 5,87,461.49 crore.

Going ahead, the level of 10,570, followed by 10,630, will continue to pose immediate resistance for the index, while on the downside, support is seen around 10,480, followed by 10,450. Stocks in the news: Vedanta, Lupin, Astrazeneca Pharma, Jagran Prakashan, Shalby, Future Consumer and Indian Hume Pipe.

Today, the start is likely to be in the green and the benchmarks may extend their upmove for the tenth straight session following strong close on Wall Street and positive cues from Asian peers. The SGX Nifty is pointing that Nifty may open 32 points higher at 10,586.50.