Capital India Finance Limited ("CIFL") has signed a Memorandum of Understanding (MoU) with Union Bank of India ("Union Bank"), for co-origination of loans under the co-origination guidelines prescribed by Reserve Bank of India.

With Thursday’s fall, the 50-share index has decisively closed below the 62 per cent retracement. The next level of strong support is placed at 10580-10455 zones. This support may hold for the September month. Stocks in news: Lux Industries, Yes Bank, Bharat Forge, Adani Transmission, Kolte-Patil Developers and DHFL.

After a severe crash in the last trading session, the Indian benchmark indices will expect a recovery on Friday as positive sentiments are likely to be supported by positive cues from Asian peers and measures announced by the Finance Minister to make liquidity available.Also, the market participants will keep their eyes and ears open to all-important GST Council meet as they pin their hopes on some major announcements that can help to boost consumption and prevent any further deepening of the slowdown in the country.

Axis Bank has opened is Qualified Institutional Placement (QIP) process on Thursday that will help it raise funds worth US$ 1.5 billion to US$ 2 billion (nearly or more than Rs. 14,000 crore).

Laurus Labs Limited informed will acquire Phekolong Pharmaceuticals Pty Ltd, a wholly owned subsidiary company of Pharmacare Limited t/a Aspen Pharmacare, South Africa.

Madhav Infra Projects informed the exchanges, on Wednesday, that the company has secured new orders for road and solar project in Maharashtra.

The United Bank of India announced, on Wednesday, that the Board of Directors of the bank has approved the proposal for raising funds aggregating up to Rs. 3000 crore.

The US Fed has lowered its benchmark rate by 25 basis points in its recent meeting. Read on to find what it means for the Indian market.

The stocks to watch out on September 20 include Nelco, Bharat Forge, Indian Energy Exchange, YES Bank and Zee Entertainment.

Following stocks are close to their 52-weeks low as at 15:14 pm on September 19, 2019.