The markets on April 30, 2018 opened up. BSE Sensex is trading at 35,193.30, up by 223.60 points and the Nifty is trading at 10,751.70, up by 59.40 points. 

PC Jeweller soared nearly 18 per cent in early morning trade on Monday, only to trade in red again even as the company announced considering a share buyback offer scheduled during the next month.

The company’s management believes that this acquisition will help them in better management of transportation of goods through rail 

Overall volumes in futures & options currently stand at 57.36 lakh contracts with a turnover of Rs. 4,96,948.05 crore.

Overall volumes in futures & options currently stand at 57.36 lakh contracts with a turnover of Rs. 4,96,948.05 crore.

With this order win, company’s order book would be around Rs. 14,000 crore which will provide growth of around 15 per cent to 20 per cent for FY19.

The company’s standalone revenue for the quarter came in at Rs. 339.22 crore, registering 22.8 per cent yoy decline.

Today, the start is likely to be in the green and the benchmarks will extend their gains on positive regional cues. The market will react to the results of Reliance Industries and also watch the earning results of HDFC and Kotak Mahindra Bank. The SGX Nifty is indicating that Nifty may open higher by 33 points at 10,763.   

A decisive move above Friday’s session high of 10,720 could see the index testing levels of 10,800. Stocks in the news: Wockhardt, Dilip Buildcon, Axis Bank, Adani Ports, Shalimar Paints, Interglobe Aviation, Indian Oil Corporation, Nitish Estates, Jagran Praskashan and PC Jeweller.

There was a time, especially in the 1980s, when shareholders used to go crazy over issue of bonus shares. That craze died down as shareholders became more informed and market savvy. But there are still many investors who are gung-ho about bonus issues because they think they get bonus shares free of cost. So, let us find out the facts.