Market News Update : Sensex up 100 pts, Nifty inches towards 10,300; ICICI Securities falls sharply.
Market Live: Sensex up 100 pts, Nifty inches towards 10,300; ICICI Securities falls sharply
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Benchmark indices were higher in pre-opening trade on Wednesday, continuing upside for third consecutive session.
NBCC has received sanction from Ministry of Home Affairs (MHA), Government of India, for the construction of 14,460 bunkers in villages along the Indo-Pak Border in Jammu and Kashmir amounting Rs 415.73 crore.
NBCC has received sanction from Ministry of Home Affairs (MHA), Government of India, for the construction of 14,460 bunkers in villages along the Indo-Pak Border in Jammu and Kashmir amounting Rs 415.73 crore.
NBCC is already executing border fencing work on Indo-Pak & Indo-Bangla borders for the MHA.
The market gained strength amid volatility, with the Nifty inching towards 10,300 levels and the Sensex gaining more than 100 points.
The broader markets extended gains, with the Nifty Midcap index rising 0.8 percent and BSE Smallcap gaining 1.2 percent.
The 30-share BSE Sensex was up 119.84 points at 33,490.47 and the 50-share NSE Nifty rose 30.30 points to 10,275.30.
About four shares advanced for every share falling on the BSE.
Tata Motors was the top gainer among Nifty50 stocks, up more than 5 percent after strong JLR show in the US in March
RBI Approval: IndusInd Bank informed exchanges that the Reserve Bank of India has granted approval for the proposed company's acquisition of 100 percent stake in ISSL.
In March, the bank entered into an agreement with Infrastructure Leasing and Financial Services, the promoter shareholder of IL&FS Securities Services (ISSL) to acquire 100 percent of ISSL.
Order Win: Building construction company Capacit'e Infraprojects has received contracts worth Rs 365.50 crore from Oberoi Realty Group entities. The stock gained 2 percent.
Appointment: Den Networks said Himanshu Jindal has been appointed as chief financial officer of the company with immediate effect.
Rajesh Kaushall has resigned as chief financial officer and will continue to act as an advisor to the company, it added.
The market gained strength amid volatility, with the Nifty inching towards 10,300 levels and the Sensex gaining more than 100 points.
The broader markets extended gains, with the Nifty Midcap index rising 0.8 percent and BSE Smallcap gaining 1.2 percent.
The 30-share BSE Sensex was up 119.84 points at 33,490.47 and the 50-share NSE Nifty rose 30.30 points to 10,275.30.
About four shares advanced for every share falling on the BSE.
Tata Motors was the top gainer among Nifty50 stocks, up more than 5 percent after strong JLR show in the US in March
RBI Approval: IndusInd Bank informed exchanges that the Reserve Bank of India has granted approval for the proposed company's acquisition of 100 percent stake in ISSL.
In March, the bank entered into an agreement with Infrastructure Leasing and Financial Services, the promoter shareholder of IL&FS Securities Services (ISSL) to acquire 100 percent of ISSL.
Order Win: Building construction company Capacit'e Infraprojects has received contracts worth Rs 365.50 crore from Oberoi Realty Group entities. The stock gained 2 percent.
Appointment: Den Networks said Himanshu Jindal has been appointed as chief financial officer of the company with immediate effect.
Rajesh Kaushall has resigned as chief financial officer and will continue to act as an advisor to the company, it added.
Listing: Mishra Dhatu Nigam share price opened lower at Rs 87 on the National Stock Exchange, down 3.3 percent compared to the issue price of Rs 90.
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The stock price fell as much as 4.4 percent in morning to hit a day's low of Rs 86.05 while it touched an intraday high of Rs 90.90.
The Rs 438-crore initial public offer of speciality alloy maker Mishra Dhatu Nigam (MIDHANI) was subscribed 1.21 times during March 21-23, 2018.
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The Rs 438-crore initial public offer of speciality alloy maker Mishra Dhatu Nigam (MIDHANI) was subscribed 1.21 times during March 21-23, 2018.
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