Shree Renuka Sugars Limited, an integrated sugar and bio-energy producers with business in India and Brazil is negotiating a deal to sell its Brazilian unit to a US-based private equity firm. 

Overall volumes in futures & options currently stand at 1.05 crore contracts with a turnover of Rs. 8,68,372.26 crore.

Overall volumes in futures & options currently stand at 1.05 crore contracts with a turnover of Rs. 8,68,372.26 crore.

Going ahead, further downside is likely once the support level of 10,300 is breached, in which case, expect Nifty to test 10,270, followed 10,200. Meanwhile, any bounce towards the level of 10,450-10,500 is likely to see a sell-off. Top stocks for the day: Indian Grid Trust, Prime Focus, Mahindra and Mahindra, Sun Pharma, Fortis Healthcare, Vardhman Special Steel, Vascon Engineers, Gayatri Projects, Religare Enterprise and Advance Enzyme.

Indian benchmark indices are expected to open on the negative side amid weak global cues. The SGX Nifty indicates that the Nifty could open with a loss of 27 points around 10,344 at the opening bell.  

The stocks that are likely to witness significant movement on the bourses on February 20, 2018 are Mahindra & Mahindra Limited, Advanced Enzyme Technologies Limited, Bharti Airtel Limited, B. L. Kashyap and Sons Limited and Ambuja Cements Limited/ Mahindra CIE Automotive Limited.  

With market wide correction, it might seem like the party maybe over for IPOs, but that is not the case. There is still a handsome line up of offers in the upcoming months.

As the market turns volatile, factor-based investing will help you to rebalance your portfolio in a way that minimises risk and generates better returns.

ARSS Infrastructure has received orders total amounting Rs. 121.09 crore from Rail Vikas Nigam Limited. The work order consisted of Rs. 89.01 crore for Package 1 and Rs. 32.08 crore for Package 2.

The troubles of the banking sector doesn’t seem to end. While the probe in the PNB fraud case has gathered all the limelight, rumours of Vikram Kothari owner of Rotamac Pens leaving the country further pulled down PSU bank stocks.