The most-awaited merger of oil and gas majors ONGC and HPCL materialized, providing the government with a much-needed reason to rejoice. With the completion of the deal, ONGC acquired 51.11 per cent in HPCL for a consideration of Rs. 473.97 per share.

Apollo Micro Systems made a blockbuster debut on Monday as the scrip got listed at a premium of 73.82 per cent on BSE at a price of Rs. 478 per share over its issue price of Rs. 275.

Grasim Industries, an Aditya Birla Group company has received government clearance for expansion of VSF plant in Vilayat, Bharuch district, Gujarat. The expansion project would require an investment of around Rs. 2,500 crore.

Overall volumes in futures & options currently stand at 84.86 lakh contracts with a turnover of Rs. 7,56,949.97 crore.

Overall volumes in futures & options currently stand at 84.86 lakh contracts with a turnover of Rs. 7,56,949.97 crore.

Going ahead, a follow through move above Friday’s high of 10,907 could lead to further upside up to level of 10,950, followed by 11,000, whereas on the downside, the levels of 10,780-10,800 will act as an immediate technical support for the index.  Top stocks in focus today: Tata Steel, DFM Foods, Pioneer Distillers, Mercator, BEML, Shopper Stop, JKIL, ONGC, Venus Remedies, Bharti Aritel, IFCI, HDFC Welspun Enterprises. 

Indian equity markets are expected to make soft-to-cautious start to the new week as cues from Asian peers are mixed. The SGX Nifty indicates that the Nifty could open at 10,920, up by 6 points at the opening bell.  

Many investors ask their investment advisors whether they should average down the cost of shares they have bought when the price of the stock is going down. 

If you are a stock market trader and if you think that you would be able to make more money by trading more often than you are trading currently, think again.

A novice stock market trader is often tempted to move the stop loss further up if he has shorted the stock or move the stop loss further down if he has gone long on the stock. This temptation is better avoided and it can lead to a financial loss that may be unbearable. Let us understand why it is a bad idea.