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Buyers and sellers were not immediately known
Source: Bloomberg
Shares of the Delhi-based hospital chain operator fell as much as 10.6 percent, the most in over a month, to Rs 138.20 after CNBC TV18 reported that potential acquirers TPG and Manipal Hospitals are seeking to change the deal structure to protect against legal liabilities.
Earlier in the day, the Delhi High Court had earlier ordered a valuation of the assets of Fortis’ former controlling shareholders, Malvinder and Shivinder Singh.
Shares of the Bhopal-based road developer rose as much as 0.6 percent to Rs 988 after it emerged as the lowest bidder for highway project in Telangana.
NHAI awarded Hybrid Annuity Project valued at Rs 936 crore in Telangana, Dilip Buildcon said in an exchange filing.
Tata Steel Ltd. offered about Rs 35,000 crore ($5.3 billion) to lenders to acquire bankrupt Bhushan Steel Ltd., Bloomberg reported, quoting a person with knowledge of the matter.
Shares of the Mumbai-based road developer were trading 1.9 percent lower at Rs 76.30.
The company has emerged as the lowest bidder (L1 bidder) for three highway projects to be completed on Hybrid Annuity Mode (HAM).
Shares of the Gurgaon-based beverage maker fell 1 percent to Rs 603.60.
The company has acquired PepsiCo India's previously franchised sub territory in Jharkhand along with one manufacturing unit at Jamshedpur, Varun Beverages said in an exchange filing.
With the current acquisition it is now a franchisee for PepsiCo products across 21 States and two Union Territories of India, the filing added.
Crucial support for Nifty is now between 9,950-9,980. A close below 9,950 will take the Nifty to next meaningful stop at around 9,650.Mustafa Nadeem, CEO, Epic Research
Shares of the wheel maker snapped three-day decline and rose as much as 3.5 percent, the most in nearly a month, to Rs 2,200 after it filed a patent application for adjustable lugless wheel for tractors, according to a media report.
The stock has returned 69.6 percent over the past 12 months, compared to 12.6 percent advance in Sensex.
Shares of the Delhi-based steel maker rose as much as 9.4 percent to Rs 43.20 after its committee of creditors (CoC) approved Tata Steel's bid for acquisition of Bhushan Steel.
The company won bid to acquire Bhushan Steel in the auction process, according to its stock exchange filing. The acquisition is subjected to obtaining necessary regulatory approvals, including approval from the NCLT and the Competition Commission of India, the notification added.
Shares of the Vadodara-based engineering services company rose as much as 2.25 percent to Rs 1,209 after it won a multi-million-dollar contract from German plastic maker Covestro, the company said in an exchange filing.
L&T Technologies will implement digitalization-based engineering programs across Covestro’s global locations, the filing added.
Shares of the Mumbai-based government-owned bank fell as much as 8.76 percent, the most in over a month, to Rs 86.40.
A bank fraud came to light with the CBI filing a case against Hyderabad-based Totem Infrastructure Ltd for allegedly defrauding a consortium of eight banks led by Union Bank of India (UBI) to the tune of Rs 1,394 crore, news agency IANS reported.
Axis Bank has 28 lakh shares change hands in a block. Stock down 2.8 percent at Rs 503.
Source: Bloomberg
Shares of the Hyderabad-based defence equipment maker made a weak debut on stock exchanges. The stock The stock fell as much as 16 percent to Rs 360 against its issue price of Rs 428.
Bharat Dynamics’ Rs 960-crore initial public offering was subscribed 1.26 times on the last day of bidding.
Tata Steel has been declared as the successful resolution applicant by the Committee of Creditors (CoC) for acquisition of Bhushan Steel, Tata Steel said in an exchange filing.
ArcelorMittal awaiting formal notification on Essar Steel bid process.https://t.co/MJQsvrSkxQ pic.twitter.com/2jKbdv64Lk
— BloombergQuint (@BloombergQuint) March 23, 2018
U.S. President Donald Trump issues tariff exemption for
Sovereign bond yields may drop at open tracking U.S. Treasuries, while markets await the fiscal first half borrowing calendar as well as the monetary policy meet which is scheduled for early April.
The Indian rupee may drop in line with most Asian peers as the U.S.-China trade war escalated and spurred concern that the region’s economies will become collateral damage.
Implied opening from forwards suggest that spot may start trading around 65.19 today.
Here's a quick look at corporate insider trades reported on Thursday.https://t.co/jskNgaUSGQ pic.twitter.com/DZ57nxlL5G
— BloombergQuint (@BloombergQuint) March 23, 2018
Commodities in China open lower after President Trump’s decision to slap tariffs on China.https://t.co/olPVOTiMjf pic.twitter.com/MHv65mkUO4
— BloombergQuint (@BloombergQuint) March 23, 2018
Ashapura Intimates
Jubilant Foodworks
Quess Corp
Shaily Engineering Plastics
Jindal Drilling
“We need to better regulate,” CEA @arvindsubraman says of India’s banking system.https://t.co/gyCASBXooS pic.twitter.com/sdclamMaak
— BloombergQuint (@BloombergQuint) March 22, 2018
U.S. President Trump orders $50 billion hit on China goods amid trade war fears.https://t.co/EjccX5P6rt pic.twitter.com/qrICpwlOQF
— BloombergQuint (@BloombergQuint) March 22, 2018
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