In a bid to reign the widening fiscal deficit gap and curb the depreciation of the Indian Rupee, the government has increased import duty on several discretionary goods. The 19 consumer items include air conditioners, refrigerator, washing machines, footwear, jewellery articles, precious metal wares and bath accessories. 

Tata Consultancy Services (TCS), a leading IT service, consulting, and business solutions organization, has announced that TCS BaNCS for Market Infrastructure has been selected by the Kuwait Clearing Company (KCC) for Central Counter Party (CCP) Services.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 12,29,900.86 crore.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 12,29,900.86 crore.

Going ahead, on the upside, the zone of 11,160-11,180 is likely to provide resistance, while on the downside, immediate support is placed around Wednesday’s session low of 10,993. Stocks in news: HCL Technologies, Torrent Power, Hero Motocorp, SBI, IL&FS Transportation Networks, 5paisa Capital and NBCC.

Today, the start to the F&O series expiry session is likely to be in the green, despite the Asian markets trading on a cautious note. However, as the day progresses, volatility is expected to kick in. The SGX Nifty is trading higher by 35 points at 11,087, indicating a positive start to the day.  
  

The stocks that are likely to witness significant movement on the bourses on September 27 are Torrent Power, Sanwaria Consumer, HCL, Gayatri Projects and SBI. 

Liberty Shoes Limited has announced that the company is expanding its portfolio to become a complete lifestyle brand under Liberty Lifestyle. The company has launched a fragrance line for both men and women. The shares of Liberty Shoes have climbed up by 2 per cent intraday on Wednesday.

Veto Switchgears and Cables Limited received purchase orders worth Rs. 25 crore from Rudai Lighting. The order is for the supply of LED bulbs, lights and panels.

After a recent increase in interest rate by the Government of India, small savings schemes have become lucrative. Read on to find out if you should invest in them.