HG Infra Engineering plans to raise ~Rs.300cr through fresh issue of shares and ~Rs.162 cr. through offer for sale of 60 lakh shares. The offer will open from Feb. 26, 2018 to Feb. 28, 2018. HG Infra Engineering Ltd is engaged in infrastructure construction, development and management and is focused on road projects, including highways, bridges and flyovers. 

Following stocks are close to their 52-week low as at 12.49 p.m. on February 21.

The markets on February 21 opened up. BSE Sensex is trading at 33,800.91, up by 97.32 points and the Nifty is trading at 10,380.75, up by 20.35 points.

Apollo Hospitals Enterprise has dully withstood the pessimistic market conditions and is striving to maintain consolidation to upside. The stock has formed an Inverse Head and Shoulders pattern and is trailing in the neckline breakout zone from last 4-5 sessions.

The company expects to see traction in demand for cement due to infrastructure development, housing and increase in rural spend.

Oil to retail conglomerate Reliance Industries is expanding its presence in the media industry aggressively. The company agreed to buy 5 per cent equity stake in Eros International Plc, which is listed on the New York Stock Exchange.

Overall volumes in futures & options currently stand at 1.04 crore contracts with a turnover of Rs. 8,65,704.53 crore.

Overall volumes in futures & options currently stand at 1.04 crore contracts with a turnover of Rs. 8,65,704.53 crore.

In the coming sessions, if the index holds above the recent swing low of 10,276 on a closing basis, followed by some consolidation, it would lead to a pull-back rally. On the upside, immediate resistance is seen around the levels of 10,400-10,450. Top stocks to watch today: Reliance Industries, Max India, Dilip Buildcon, Nitin Spinners, Mawana Sugar and Bank of Baroda.

Indian shares are likely to make a positive start as cues from Asian peers are optimistic. The SGX Nifty indicates that the Nifty could open higher by 69 points around 10,397 at the opening bell.