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Updated on 19 Feb 2018
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Todays Market opening direction
Stocks picks for todays trading
The Nifty and Sensex are likely to see a positive opening on Monday, tracking Nifty50 futures on the Singapore Stock Exchange (SGX Nifty) and positive global markets.
Nifty futures on the Singapore Stock Exchange were trading 14 points higher at 10,461, indicating a positive opening start for the Nifty50 in India.
UCO Bank, Allahabad Bank: State-owned UCO Bank on Saturday said it has exposure of $411.82 million (about Rs 2,636 crore) in the Rs 11,400-crore PNBBSE -2.10 % fraud committed by billionaire jeweller Nirav Modi and his associates. Allahabad Bank has reported an exposure of around Rs 2,000 crore.
Gitanjali Gems: The Central Bureau of Investigation (CBI) filed a first information report (FIR) against the Mehul Choksi-run Gitanjali Group based on a fresh complaint made by Punjab National Bank (PNB) on February 13.
Fortis Healthcare: The Delhi Debts Recovery Tribunal (DRT) has restrained former CEO of Ranbaxy Laboratories and the co-owner of Fortis Healthcare, Malvinder Mohan Singh, from selling a posh property in Lutyen's Delhi and some other assets in a bank loan default case.
Tata Steel, Bhushan Steel: Tata Steel has emerged as a frontrunner to acquire debt-laden Bhushan Power and Steel after lenders to the company decided that they would only consider Tata Steel’s offer of Rs 24,500 crore for further negotiations on Wednesday,