The markets on March 19, 2019 opened gap up. BSE Sensex is trading at 38,132.96, up by 37.89 points and the Nifty is trading at 11,470.45, up by 8.25 points. 

Hotel Leela, an Indian luxury hospitality group, has entered into a binding agreement with a Brookfield Asset Management sponsored private real estate fund, to sell four hotels by way of slump sale. The deal is subject to the approval of shareholders, lenders and other regulatory and statutory bodies.

Many are now moving towards self-employment and even our government is promoting entrepreneurship. So, is it possible to create a corpus with the help of MFs which would help you fund your new venture in some or the other way? Let’s find out.

Overall volumes in futures & options currently stand at 1.55 crore contracts with a turnover of Rs. 10,46,898.95 crore.

Overall volumes in futures & options currently stand at 1.55 crore contracts with a turnover of Rs. 10,46,898.95 crore.

The company has entered a shared service arrangement to provide global admin and support function to Xerox Corporation.

Going ahead, Tuesday’s opening levels and trajectory post opening would be extremely crucial for the index. If the index slips below the Monday’s session low of 11,412 and trades convincingly below this level, then there is high probability that Monday’s high point of 11,530 would become a temporary top for the index. Stocks in news: HCL Technologies, LT, Reliance Industries, Orbit Exports, Aarti Industries, Hotel Leelaventure, Adani Ports, Vakrangee and Canara Bank.

The domestic markets may open the Tuesday’s session on a flat note as cues from the Asian peers are cautious. At the time of writing, the SGX Nifty was trading with a gain of 13 points at 11,524. The real estate stocks would be in focus in today’s session as the GST Council meeting is intended to undertake a range of topics on priority basis, including the implementation of lower Goods and Services Tax (GST) rates for the real estate sector. Also, on the macro front, investors will keep an eye on the current account deficit numbers.  

The stocks that are likely to witness significant movement on the bourses on March 19 are Indostar Capital Finance, Jet Airways, Thomas Cook, Hindustan Aeronautics and Canara Bank.

Since the start of this month, the benchmark indices BSE Sensex and NSE Nifty have rallied nearly 6 per cent each. This strong stock market rally comes ahead of India's general election which will be held in May 2019.