SEBI has given approval to BSE for launching Cross Currency Derivative and Cross INR Options.

The stocks that are likely to witness significant movement on the bourses on February 21, 2018 are Bank of Maharashtra, APL Apollo Tubes Limited, Dilip Buildcon Limited, Central Bank of India and Balaji Amines Limited.   

Value investing strategy is a method of investing in stocks with a lower trading value than its intrinsic value. This strategy considers the stocks which are undervalued by the market.

In a bid to bring efficiency and to aid the ailing power infrastructure in the country, the Union Cabinet has approved the methodology for the auction of coal mines for commercial mining by private companies.

Indian benchmark indices closed marginally lower with both Nifty and Sensex down by 0.17 and 0.2 per cent, respectively. Broader markets too remained flat to negative. Relatively lower volumes and 14-period RSI lying at 35 levels do not predict any direction for now. 

Zydus Wellness surged as much as 7 per cent from its previous close. The stock has surged nearly 42 per cent from the low of February 6, making a kind of V pattern on the daily time frame.

Following stocks are close to their 52-week low as at 12.56 p.m. on February 20.

The markets on February 20 opened up. BSE Sensex is trading at 33,929.34, up by 154.68 points and the Nifty is trading at 10,418.20, up by 39.80 points.

In a significant boost, Suven Life Sciences bagged product patents in India and South Korea, following which the share price of company shot up by over 3 per cent on BSE on Tuesday. 

Aptech is moving almost consistently up with 7 per cent plus gains from previous close in an otherwise dicey market conditions. The move is after the stock took support at 61.8 per cent retracement and 200 days EMA level.