India's largest paint company, Asian Paints informed the bourses on Monday that a fire broke out at the company's paint manufacturing facility in Vishakhapatnam, Andhra Pradesh

Tata Steel will take possession of Usha Martin’s Jamshedpur steel unit on Tuesday. This is Tata Steel’s second acquisition within a year after its takeover of Bhushan Steel via the NCLT process in April 2018. Tata Sponge will serve as the vehicle for the acquisition of the one million tonne steel business for which it issued preference shares to Tata Steel. The deal was signed in September last year for a consideration of Rs. 4,600 crore.

Overall volumes in futures & options currently stand at 1.16 crore contracts with a turnover of Rs. 7,96,823.86 crore.

Overall volumes in futures & options currently stand at 1.16 crore contracts with a turnover of Rs. 7,96,823.86 crore.

IndiaRF, the fund promoted by Piramal Enterprise and Bain Capital will invest Rs. 992 crore in Panacea Biotec in the form of non-convertible debentures (NCDs) and convertible warrants.

The stock had formed bearish engulfing candle on daily scale, which suggests that bears are taking control. The Bearish Engulfing Candlestick Pattern is considered to be a bearish reversal pattern and usually occurs at the top of an uptrend.

Going ahead, sustaining below the Monday session low of 11,549 would lead to an extended correction towards the 20-day moving average, which is placed at 11,496 level. While, on the upside, the level of 11,710, followed by 11,760, is likely to act as a stiff resistance for the index. Stock in news: Quess Corp, Panacea Biotec, Va Tech Wabag, Asian Paint,  Infosys, Coffee Day Enterprises.

Markets are likely to open flat following a mixed close on the Wall Street overnight. At the time of writing, SGX Nifty was trading around 11,699 level, up with a gain of 16 points.

The domestic mutual fund industry AUM has increased by 2.7 per cent on a sequential basis in the month of March 2019. Read on to find what has led to such increase.

The 20-day exponential moving average, which is placed around 29,530, is likely to act as immediate support, while the major support is placed around 29,150. On the upside, all-time high of 30,648.10 level will be a major hurdle for the index.