Closing Bell: Nifty erases losses to end flat at 17,956, Sensex gains 38 points after a volatile trading session

Stock Market Live: Is DMart's Aggressiveness Good For The Stock? | Markets with Santo & CJ

DMart has unveiled brave expansion plans as it finally looks to unleash itself on Indian retail and CJ believes the market will love it but Santo feels valuations are too rich for comfort. Watch the…... Read More

The volatility index, India VIX is largely flat at 17.68 levels, up just 0.02 percent. Given the VIX below 18 levels, the market seems to be enjoying stability, experts said.

Gujarat Mineral Development Corporation (GMDC) has invited bids for its Surkha (N) Lignite Mine in Bhavnagar from lignite mining contractors to fuel further progress. The company plans to strengthen its lignite production to support micro, small and medium enterprises (MSMEs) looking for cheaper fuel.

It produced 8.5 million tonnes of lignite last year and planned to reach 10.0 million tonnes this year. Over the previous six months, it has added 400 more customers daily.

The company said its subsidiary Tata Power Renewable Energy approved the allotment of 8.36 crore equity shares of itself to GreenForest New Energies Bidco, a company incorporated under the laws of England and Wales, on a preferential basis. This completes Tranche 1 of the transaction.

The subsidiary received nearly Rs 2,000 crore at a price of Rs239.22 per share by allotting shares to GreenForest.

"Tranche 2 infusion of Rs 2,000 crore will be concluded in accordance with the terms of the agreements," Tata Power said.

Thepublic issueof electronics system design and manufacturing company Syrma SGS Technology continued to receive robust response from all kind of investors on August 18, the final day of bidding.

The offer, so far, has been subscribed12.19times, receiving bids for34.82crore equity shares as against 2.85 crore shares on the offer, according to the data available on exchanges. It is to be noted that the offer size has been reduced to 2.85 crore from around 3.81 crore shares after the company mopped up funds worthRs 252 crore through anchor bookon August 11, a day before issue opening.

The portion reserved for qualified institutional investors was subscribed23.79times, while the quota set aside fornon-institutional investors was subscribed13.5times.Retail investors put in bids4.55times their reserved portion.

These 3 stocks can give up to 15% return in short-term

The weekly expiry could keep the markets volatile as we have witnessed steady rise in open interest in 18,000 CE strike in the past few days while on the downside 17,800 PE strike has the highest open…... Read More

Zomato witnesses the longest winning streak since its IPO. The stock has been on a northward trajectory since August 5 when it was trading at Rs 54.6. Since then it has appreciated by 25% and since the beginning of August, the stock has gained 47% from Rs 46.3 on August 1.

the Board of Directors of Tata Power Renewable Energy Limited, a wholly owned subsidiary of the Tata Power Company Ltd, today approved the allotment of 8.36 crore Equity shares of Tata Power Renewable Energy Limited of the facevalue of Rs 10 each at a price of Rs 239.22 per Equity share (including a premium of Rs 229.22) aggregating to Rs 2,000 crore on a preferential basis to Green Forest New Energies BidcoLimited, a Company incorporated under the laws of England and Wales. With this allotment, the first tranche of capital infusion is complete and the compamy will conclude thetranche 2 infusion of Rs 2,000 crorein accordance with theterms of the agreements.

Dilip Buildcon signs an EPC agreemnt worth Rs 1,400 Crore (excl GST) with Madhya Pradesh Jal Nigam Maryadit, Bhopal for Engineering, Procurement, Construction, Testing, Commissioning, Trial Run and Operation & Maintenance ofVarious Components of Gandhisagar-2 Multi-Village Scheme, Districts Mandsaur and Neemuch in Single Package on 'Turn-Key fob Basis' including Trial Run and Operation & Maintenance of the Entire Water Supply Scheme for 10 Years in the state of Madhya Pradesh. The completion period for the project is 28 months.

Lupin Limited today announced that it has received approval from the United States Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA), Rufinamide Tablets USP, 100 mg, 200 mg, and 400 mg, to market a generic equivalent of BanzelTablets, 100 mg, 200 mg, and 400 mg, of Eisai Inc. The product will be manufactured at Lupin’s facility in Goa, India.
Rufinamide Tabletshad estimated annual sales of $164 million in the U.S. Banzel(Rufinamide) is a prescription add-on medication approved for the treatment of seizures associated with Lennox-Gastaut Syndrome (LGS) in pediatric patients 1 year of age and older, and in adults.