The aftermath of PNB scam has created various shifts in banking system and regulators have tightened the grip on banks across the board. In a new resolution shared by RBI, it has banned banks for issuance of LoU (Letter of Undertaking) for availing buyers credit.

MMTC Limited on Wednesday intimated the exchanges that the company will consider and approve the proposal for issue of Bonus Shares in its meeting scheduled to be held on March 19, 2018.

The share of tiles manufacturing company Asian Granito surged by over 5 per cent on the bourses in Thursday’s trade as the company announced that it has entered a joint venture with a local partner.

PNB has detected another fraud of Rs. 9 crore at the branch which is involved in the approx. Rs. 13,600 crore Nirav Modi scam.

Himadri Speciality Chemical zoomed past 4 per cent in the morning trade on Thursday on the back of company’s plan to invest Rs. 1,000 crore to setup a greenfield plant in West Bengal.

Electric equipment major Havells India signed an agreement with South Korea-headquartered Hyundai Electric & Energy Systems to manufacture magnetic contactors on Wednesday.

Following stocks are close to their 52-week low as at 1.07 p.m. on March 15, 2018.

The markets on March 15, 2018 opened down. BSE Sensex is trading at 33,793.22, down by 42.52 points and the Nifty is trading at 10,396.65, down by 14.25 points.

The initial public offer (IPO) comprises an offer for sale by the promoter selling shareholder of up to 77,249,508 equity shares of face value Rs. 5 each.

Overall volumes in futures & options currently stand at 89.24 lakh contracts with a turnover of Rs. 8,00,356.04 crore.