Shares of the Delhi-based hospital operator fell 6.56 percent to Rs 145.50 after Registrar of Companies Punjab and Chandigarh sent notice to the company seeking information and documents.
EIH Associated Hotels
Apollo Micro Systems
Nucleus Software Exports
Windsor Machines
Shares of the state-run telecom service provider rose 7.3 percent to Rs 24.15 on report that the government may announce MTNL's strategic alliance with BSNL.
"February has been the worst month in a year and Nifty can go down to 9,700 levels by middle of March," Sanjiv Bhasin of IIFL told BloombergQuint on phone.
However, Bhasin thinks that the correction will be a good opportunity to enter and he likes technology shares such as TCS, Tech Mahindra, HCL Technologies and Mindtree.
He also likes ITC, Nestle, Jubilant FoodWorks, Engineers India and NBCC.
Shares of the state-run oil exploration company fell 2.16 percent to Rs 186 after crude oil production declined in January.
India’s total crude oil production in January 2.98 million tons compared with 3.08 million tonnes a year earlier, according to a statement from Press Information Bureau.
Buyers and sellers were not immediately known
Source: Bloomberg
Source: People familiar with the matter
Shares of the Chandigarh-based steel wheel rim maker rose as much as 3.69 percent to Rs 1,021 after it commissioned Chennai truck wheel plant from this month, the company said in an exchange filing.
The plant will ad 1.2 million wheels to existing 1.8 million wheel capacity for truck/trailer segment of SSWL.
Shares of the Chennai-based dairy company rose as much as 1.4 percent to Rs 780.70 after the company's board approved rights issue to existing shareholders for amount aggregating up to Rs 550 crore.
Shares of the Kolkata-based lender rose as much as 3.57 percent to Rs 27.55 as it plans to raise Rs 6,507 crore via preferential issue to the government.
Shares of the Hyderabad-based technology firm rose as much as 3.46 percent to Rs 652 after its board passed a resolution to reduce investment limit of non-resident investor from 100 percent to 49 percent, the company said in an exchange notification.
Buyers and sellers were not immediately known
Source: Bloomberg
India’s bonds may extend drop for a fifth day after RBI minutes late on Wednesday showed most of the six members of the policy committee turning hawkish at the Feb. 6-7 meeting when it kept rates unchanged.
Yield on the 10-year benchmark rose 4 basis points to 7.71 percent on Wednesday and is up 22 basis points in past four sessions. This sell-off is adding to the risk of hot money outflows and regulators could see this as destabilizing to the rupee and a potent argument no to open the market much to foreign investors. The RBI is expected to review the cap on foreign investment in rupee notes, currently set at around 5 percent, in March or April.
Meanwhile, the rupee is expected to open much weaker after the dollar rallied overseas on a hawkish set of Fed minutes. The implied forwards indicate the rupee will open at 65.01 after closing at 64.7725 on Wednesday.
Bajaj Finserv, Grasim, Titan to be included in the Nifty 50 from April 2.https://t.co/HnX99kEZRK pic.twitter.com/mv0YzIMH9w
— BloombergQuint (@BloombergQuint) February 22, 2018
Credit Suisse on Britannia
Credit Suisse on Escorts
Citi on Dish TV
Here's a lineup of all major corporate meetings over the next few days.https://t.co/7Q55BHmlOK pic.twitter.com/gN6kWIxOmv
— BloombergQuint (@BloombergQuint) February 22, 2018
Click here to see Nifty open interest change since last expiry
EPFO lowers rate of interest on employees provident fund to 8.55%.https://t.co/aFBOxi2fVp pic.twitter.com/LUe1EaQSBY
— BloombergQuint (@BloombergQuint) February 22, 2018
Here are some key events scheduled for this week:
Bonds
Commodities
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