The upcoming IPO of Lemon Tree Hotels consists purely of Offer for Sale (OFS). Through this OFS, the company is offering 18,54,79,400 equity shares with face value of Rs 10 per share. The IPO size is worth Rs 1038.7 crore. The price band is in the range of Rs 54-56 per share. The minimum lot size consists of 265 shares. The issue will remain open for subscription from March 26-28, 2018.

Air-conditioning and commercial refrigeration company Blue Star launched 100 new air conditioners on Tuesday, following which the share price of the company surged by 2.4 per cent on the bourses on Wednesday.

Following stocks are close to their 52-week low as at 12.57 p.m. on March 21.

The markets on March 21 opened up. BSE Sensex is trading at 33,178.50, up by 181.74 points and the Nifty is trading at 10,166.15, up by 41.80 points.

Leading heavy vehicle manufacturer Ashok Leyland has bagged a 2,100 bus order in Tamil Nadu.

If you are a mutual fund investor and looking to invest in equity-linked savings schemes (ELSS), make sure that you have done the basic research while selecting them. Since there is a lock-in period of 3-year, investors need to be extra cautious while picking ELSS scheme among the basket of tax saving funds. 

The financially distressed company Videocon Industries Limited has exited its insurance business. The business was co-owned by US-based Liberty Mutual Insurance Group and Videocon Industries.

Overall volumes in futures & options currently stand at 76.40 lakh contracts with a turnover of Rs.  6,44,894.77 crore.

Overall volumes in futures & options currently stand at 76.40 lakh contracts with a turnover of Rs.  6,44,894.77 crore.

The benchmark Nifty, after a negative opening, saw a V-shaped recovery and ended the session above the 10,100-mark. The price action formed a bull candle. Going ahead, Nifty will have to trade above the 10,165-mark, which is its 200-day SMA, to extend its upmove.