The 37 AMCs accounting for over 99.99 per cent of the total assets under the management in Indian Mutual fund industry agreed to pay a service charge per transaction for using BSE StAR MF platform on Tuesday.

Gas distribution company Mahanagar Gas plunged by 4 per cent on the bourses in Wednesday’s trade, in an extension of its 6.7 per cent fall over the past two days. 

Metropolitan Stock Exchange (MSE) has permitted listing of 14 IPOs under its ‘Permitted to trade category’ (PTT) on the same day of their listing on BSE and NSE.   

Saudi Aramco has signed a MoU for developing 60 MT per annum refinery in Ratnagiri, Maharashtra. The refinery is expected to be commissioned by 2022.

Oil marketing companies (OMCs) were trailing on the bourses on Wednesday following news reports that government has asked them to absorb the recent spurt in international crude oil prices

In a significant development, Mahindra Group’s Mahindra Defence signed an agreement with Japan headquartered ShinMaywa Industries to set up manufacturing and assembling of structural parts and components for US-2 amphibian aircraft on Wednesday.

Following stocks are close to their 52-week low as at 12.58 p.m. on April 11, 2018.

HFCL announced that it has received an advance purchase order worth approximately Rs. 579 crore from Bharat Sanchar Nigam (BSNL) for building 2G GSM network in Assam.

The markets on April 11, 2018 opened flat. BSE Sensex is trading at 33,858.63, down by 21.62 points and the Nifty is trading at 10,385.05, down by 17.20 points. 

In the last one-month debt-income funds have seen exceptional returns which has tempted the investors to opt for them. In the last one month some of the income funds have offered more than 50 per cent of annualised returns.