When the benchmark indices along with few sectoral indices are on the gaining spree and hitting all-time highs, Nifty Energy and Nifty Private Bank were not an exception to it. Nifty Energy index hit all-time high at 14,737 for the first time after January 23, 2018 and Nifty Private Bank hit its peak at 15,542 for the first time after January 29.

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The Board of Director of IFB Industries has approved the proposed acquisition of Ramsons Garment Finishing Equipment Pvt. Ltd and Ramsons Udhyog Pvt. Ltd on a slump sale basis. The said acquisition is worth Rs. 35 crores.

Local equity benchmarks continued to show a positive trend in the morning session, with Sensex and Nifty gaining more than 300 and 70 points, respectively. ITC, SBI, and Bharti Airtel were the top gainers, while Yes Bank, Adani Ports & SEZ, Power Grid and ONGC dipped. 

The Department of Telecommunication(DOT) has given its approval for the amalgamation after the two firms provided for Rs. 7,248.78 crore as one-time spectrum charge (OTSC)

NMDC, a government owned company has raised the prices of iron ore by Rs. 150 per tonne to Rs. 3,200 per tonne and fine prices to Rs. 2,810 per tonne.

Zensar Technologies on Friday announced that the company has entered an agreement to acquire US West Coast-based Indigo Slate.

Following stocks are close to their 52-week low as at 1.05 p.m. on July 27, 2018.

The markets on July 27, 2018 opened gap up. BSE Sensex is trading at 37,286.12, up by 301.48 points and the Nifty is trading at 11,251.95, up by 84.65 points. 

Yes Bank reported stable results in Q1FY19 with a steep rise in provisions over the previous year