Following stocks are close to their 52-week low as at 12.27 p.m. on March 16, 2018.

The markets on March 16, 2018 opened down. BSE Sensex is trading at 33,414.14, down by 271.40 points and the Nifty is trading at 10,275.95, down by 84.20 points.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 13,35,191.83 crore.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 13,35,191.83 crore.

Edelweiss had signed an agreement to acquire Religare’s securities business in December 2017 which was subject to regulatory clearance.

Going ahead, immediate support for the Nifty is seen around the 10,330-mark and violation of this support would lead to accelerated downward move towards the level of 10,300, followed by 10,270. Stocks in the news: Dilip Buildcon, HDFC, HDFC Bank, Adani Transmission, Wipro, Gravita, Purvankara and Bharat Financial Inclusion.

Today, the start for the Indian markets is likely to remain weak on negative global cues and on lingering concerns of the proposed no-confidence motion against the government. The SGX Nifty is indicating that the Nifty could open with modest loss of 35 points around 10,327 at the opening bell. 

Stocks that are likely to record significant movement on the bourses on Friday, March 16, 2018 are Puravankara Limited, Bharat Financial Inclusion Limited, Adani Transmission Limited, Zensar Technologies Limited, IDFC Bank Limited and Karur Vysya Bank Limited.      

The World Bank forecasted Indian economic growth to accelerate to 7.3 per cent in 2018-19 and to further speed up to 7.5 per cent in 2019-20.

The IPO of Sandhar Technologies Limited will remain open for subscription from March 19-21, 2018. The issue comprises of fresh issue of equity shares of Rs. 10 aggregating up to Rs. 300 crore and Offer for sale of up to 64,00,000 equity shares.The issue price is in the range of Rs. 327-332 per equity share having a face value of Rs. 10 each. The minimum lot size consists of 45 shares.