Himachal Futuristic Communications Limited (HFCL) has received a Purchase Order (PO) worth Rs. 2,467 crore from Bharat Sanchar Nigam Limited (BSNL) for setting up of the Converged Nationwide IP /MPLS Backbone & Access Network tor Armed Forces under the Network for Spectrum (NFS) Program of the Government of India.

Majority of large cap dedicated funds have under-performed the frontline equity indices. Read on to find more.

Overall volumes in futures & options currently stand at 1,32,68,199 contracts with a turnover of Rs. 8,73,914.63 crore.

Overall volumes in futures & options currently stand at 1,32,68,199 contracts with a turnover of Rs. 8,73,914.63 crore.

RBI has allowed retail investors to participate on a “non-competitive” basis in select auctions of dated Government of India (GoI) securities and Treasury Bills.

Nifty needs to move above the 200-DMA as well as August 9 high of 11182 decisively for a bullish momentum. While, on the downside, in case Nifty breaks the August 14 low of 10935 and closed below this level, it would mean a flag breakdown. Stocks in news: Hero Motocorp, HFCL, Nestle, KEC International, MRPL.

At the time of writing, SGX was trading with modest losses of 14 points at 11,042 level.

The bank is expected to see better growth in its Net Interest Margins (NIMs) post the merger with Bharat Financial. The synergies from the merger are expected to boost the bank’s rural penetration and the bank is expected to mark gradual decline in stress book.

The sentiments turned pessimistic as the Australia and New Zealand Banking Group (ANZ) slashed its forecast for India's economic growth to 6.2 per cent in the financial year ending March 2020 from a previous estimate of 6.5 per cent, warning it would be tough for authorities to engineer a turnaround.

The stock of Pennar jumped 13 per cent intra-day as the company announced orders bagged for the months of June and July 2019.