Highlights for Today
Market Outlook for the day – Nifty's move in the last two trading session suggests that the index will halt and consolidate at the current levels. There may be some profit taking as well but broadly the index is well placed.
Crompton Greaves Power Transformer plant at Indonesia has won an order worth $29 million from PT PLN Indonesia to supply extra high voltage transformers for its Indonesian electricity transmission network.
SRF’s five projects at SRF's Chemical Complex at Dahej, Gujarat have been commissioned and capitalized on 31 March 2014.
Natco Pharma jumped 5.91% on BSE after the company announced that the United States Patent and Trademark Office has rejected Teva's patent reissue application on Copaxone.
Key benchmark indices edged lower as investors turned cautious ahead of beginning of the 9-phase Lok Sabha elections in the week ahead. The markets edged lower in early trade on weak Asian stocks. The key indices extended initial losses and hit fresh intraday low in morning trade and hovered in negative zone during afternoon trade. Domestic indices, later stretched losses and hit fresh intraday low in mid-afternoon trade. Capital goods shares extended Thursday's losses. Realty stocks edged higher on renewed buying. The market breadth, indicating the overall health of the market, was positive.