Leading film exhibition company PVR Limited announced that it has launched six-screen multiplex in Hyderabad. This is the company's first launch in the calendar year 2019.

The stock of Aditya Birla Group controlled entity, Hindalco Industries broke out of the downward channel decisively on Wednesday. The stock has been trading above its crucial short-term moving averages, i.e. 20 and 50-day moving averages.

Power Finance Corporation (PFC) signed a share purchase agreement for the acquisition of 103.94 crore shares of Rural Electrification Corporation (REC) which constitutes 52.63 per cent of the paid-up share capital from the President of India. The acquisition is set to take place at a cash consideration of Rs. 139.50 per share with the total cost of acquisition coming to Rs. 14,500 crore. REC’s closing price on March 19, 2019, was Rs. 148.40 per share.

The pharma company's plant in Nanjangud, Mysuru was classified as 'Official Action Indicated' (OAI) by the US drug regulator, following which the stock was experiencing selling pressure on Friday.

With the first-ever hostile takeover attempt or ‘pyaar’ from L&T's perspective, the Indian IT space is poised for an action-packed time ahead. Let's find out how retail investors are going to get impacted by this slug-fight.

Nifty’s latest swing is 20 bars old and has advanced by about 9.17 per cent from the February 19 lows. In terms of percentage gain, the current swing is sharper than the previous ones. At this juncture, it is better to avoid fresh longs in the index, but one can continue the existing longs as long as Nifty maintains the higher lows. Stocks in news: Jubilant Life Sciences, ENIL, Tata Steel, Bajaj Auto and Infosys.

Indian indices may open the session on a cautious note post the Holi festival and ahead of the weekend and an expiry next week. Also, the cues from the Asian peers are not encouraging. At the time of writing, the SGX Nifty was marginally down by 7 points at 11,585. The data on India’s foreign exchange reserves for the week ended March 15 will be released today.

Mirc Electronics’ Onida brand has launched a new smart AC series – Onyx Smart and Genio. These ACs would have an additional unique feature of smart voice technology and capability to be operated through a mobile app.

The stocks that are likely to witness significant movement on the bourses on March 22 are REC, Asian Oilfield Services, Lactose India, Maruti Suzuki and Essar Steel.

State Bank of India (SBI) will auction non-performing assets worth Rs. 6,169 crore to asset reconstruction companies (ARCs), banks and NBFCs between March 22 and 30, 2019