The market experienced wild intraday swings on Friday. At one point in time, it was trading at an all-time high of 10690, but it slipped to days low of 10,597 level. The market was scaling new highs on a daily basis appeared to take slow down following an unprecedented move by four senior-most sitting Supreme Court judges who held a press conference regarding the irregularities in the functioning of the apex court.

Tata Chemicals completed the sale of its urea and customised fertilisers business for Rs. 2,682 crore to Yara Fertilisers India on Friday. 

Ulcer index one of the ways to calculate investment risk, scores over other traditional risk measures. It gives a sense of stress of an investor.

Following stocks are close to their 52-week low as at 1.02 p.m. on January 12.

The markets on January 12 opened up. BSE Sensex is trading at 34,424.58, down by 78.91 points and the Nifty is trading at 10,622.85, down by 28.35 points.

India’s largest lender State Bank of India is planning to raise funds worth Rs. 20,000 crore through long term bonds in a bid to finance infrastructure and affordable housing in the domestic space as well as the overseas market. 

The consolidated results for the quarter were largely in-line with street estimates. Revenue for the quarter came close to the estimated figure of Rs. 30,960 crores. Also, net profit for the quarter came in slightly higher than the estimated figure of Rs. 6,460 crores.

Dredging Corporation of India (DCI) secures Rs. 88.51 crore contract for dredging of channels and basins at Cochin Port through a competitive bidding process. DCI is the only PSU in the dredging sector in India.

Overall volumes in futures & options currently stand at 1.06 crore contracts with a turnover of Rs. 10,20,259.56 crore.

Overall volumes in futures & options currently stand at 1.06 crore contracts with a turnover of Rs. 10,20,259.56 crore.