The markets on April 17, 2018 opened gap down. BSE Sensex is trading at 34,260.62, down by 44.81 points and the Nifty is trading at 10,508.35, down by 20 points. 

These recent order wins which is likely to be executed over next 15 months provides strong revenue growth for the company in the coming fiscal. Also, the company is involved in consumer products (fans, luminaires, lighting and appliances) business which would further lighten the growth of Bajaj Electricals.

Many investors use liquid funds as an option to park excess money for a short duration and to gain a decent yield. 

American retail major Walmart is in talks to acquire majority stakes in Indian e-commerce giant Flipkart. The proposed deal values Flipkart at US$18 billion to $20 billion. If the deal gets through it will heat up the competition in the Indian retail industry.

Overall volumes in futures & options currently stand at 59.59 lakh contracts with a turnover of Rs. 5,16,837.82 crore.

Overall volumes in futures & options currently stand at 59.59 lakh contracts with a turnover of Rs. 5,16,837.82 crore.

Going ahead, we expect the momentum to continue on the upside and Nifty may make an attempt to scale up to the levels of 10,580, followed by 10,640, whereas on the downside, supports are seen around the levels of 10,470 followed by 10,450. Stocks in the news: Bajaj Electricals, Adani Ports, Reliance Communication, Blue Star, Sobha, Sterlite Technologies, Omkar Speciality Chemicals, Goa Carbon and Fortis Healthcare.

Indian markets are likely to make a tepid start following subdued cues from Asian peers. The SGX Nifty is indicating that Nifty may open marginally lower at 10,539. 

Of the 13 IPOs that got listed on the exchanges in the calendar year 2018, only 5 are trading above their listing price.

The share price of automobile major Tata Motors declined on the bourses by over 4 per cent on Monday on the back of news reports suggesting that the company’s wholly-owned subsidiary Jaguar Land Rover would be laying-off a number of contractual employees.