The state-owned aerospace and defence company Hindustan Aeronautics made a tepid debut on the stock exchanges on Wednesday as the share price of the company fell by 4 per cent from its issue price of Rs. 1,215 per share.

Overall volumes in futures & options currently stand at 1.36 crore contracts with a turnover of Rs. 11,31,391.77 crore.

Indoco Remedies received adverse observations from the British drug regulatory for its Goa – Plant I. The plant was inspected in the third week of March 2018.

Overall volumes in futures & options currently stand at 1.36 crore contracts with a turnover of Rs. 11,31,391.77 crore.

The level of 10,225-10,240 will act as immediate resistance area for the market. On the downside, supports are seen around the levels of 10,120 and 10,040. Stocks in the news: Hindustan Aeronuatics, Avanti Feeds, IDBI, Bodal Chemicals, Tejas Networks, Nestle, Fortis Healthcare, Reliance Industries, Indoco Remedies and SBI.

The equity markets in Asia suffered a setback on Wednesday following a sharp sell-off on Wall Street overnight. Japan’s benchmark index Nikkei 225 has collapsed 1.82%, while Hong Kong’s Hang Seng has slipped 0.96% and China’s Shanghai Composite has shed 0.42%.

Reliance Eagleford Upstream Holding LP, a subsidiary of Reliance Holding USA and Reliance Industries Limited, announced on Tuesday that the company will be divesting its interest in certain acreage, producing wells and related assets in the western portion of its Eagle Ford shale position.

Following the biggest IPO for an Indian bank, Bandhan Bank got listed on the exchanges on Tuesday. The stock opened at Rs. 485.00 per share on BSE Sensex and at Rs. 499 per share on NSE.

India’s first international exchange, India International Exchange Limited (India INX) based out of the International Financial Services Centre at Gujarat International Finance Tech -City achieved a significant milestone on March 26, 2018 as its daily trading turnover in the derivatives segment reached Rs. 3,287 crore.     

Mutual fund investments are increasing their presence day by day and many investors are shifting towards mutual funds for their investments instead of traditional ways. Keeping this in mind and encouraging the investors, the market regulator SEBI is considering reduction of additional expenses in mutual fund investment.