Exiting or switching a mutual fund scheme is a critical aspect of investing in mutual funds. Many a times investors switch or sell the mutual fund units with just one reason to book profits.

Stock brokerage company ICICI Securities, a subsidiary of ICICI Bank is set to launch its initial public offer to raise funds worth Rs. 40 billion. The public issue which will open on March 22 and close on March 26 and have a price band at Rs. 519 to Rs. 520 per equity share.

Indian stock markets have been trailing with negative sentiments on Friday, oil marketing stocks being the catalyst for the fall. IOC, BPCL and Hindpetro dragged Nifty Energy Index and Nifty 50 down. Moody's raised Crude Oil price forecasts.

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.