Stock Market


Futures back off on trade war fears, tech woes persist

Mar 22 2018

US stocks fell sharply as tech stocks led the way lower on fears of increased regulations, while Trump’s move to impose import tariffs on China stoked fears trade war.

No relief yet for Facebook shares after Zuckerberg apology

Mar 22 2018

Shares of Facebook fell 1.5% in as an apology from Zuckerberg failed to quell Wall Street nerves about the company’s handling of a row over user privacy.

Sensex, Nifty drop as trade war fears grip markets

Mar 22 2018

Sensex fell by 130 points due to profit booking in realty, capital goods, tech, auto and bank stocks due to renewed global trade war fears and losses in European markets.

Banks send FTSE to 15-month low; Reckitt rally some relief

Mar 22 2018

The UK’s top share index declined as concerns over potential trade wars weighed on sentiment and traders focused on an upcoming policy decision by the Bank of England.

Sensex breaks 2-day rally, falls 130 pts; on global cues

Mar 22 2018

Sensex fell by 130 points due to profit booking in realty, capital goods, teck, auto and banking stocks amid weak global trends after the US Fed Reserve's rate hike.

Indian Markets


    32,596.54 409.73   (-1.24 %)

    9,998.05 116.70   (-1.15 %)

Global Markets


Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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