In December, Zee Learn called off its proposed merger with the company after reports surfaced that Tree House abruptly closed down hundreds of its play schools.
The SC highway liquor ban that came into effect on April 1 was a hammer blow and now Madhya Pradesh plans to impose prohibition in a phased manner.
With the stock now trading below 200-day moving average of Rs 771, analysts foresee further 5-6% fall in the near term.
April futures of Dish TV India, Larsen & Toubro, RIL, United Spirits, and Wockhardt are garnering strong build-up in open interest in the derivatives segment.
The global brokerage is bullish on flows into Indian equity markets, both from domestic institutional investors and foreign investors.
Sensex ended up 115.99 points, or 0.4%, and Nifty g ained 29.95 points to 9173.75 on Thursday helped by volume-weighted average price buying in HDFC Bank.
According to Prime Database, 25 main-board IPOs came to the market in FY17, collectively raising Rs 28,211 crore with average IPO size being Rs 1,128 crore.
Awasthi, who is based in Mumbai, will be responsible for running Nomura India's franchise spanning fixed income, equities and investment banking, the firm said.
“Income tax officials visited Centrum for a survey on its foreign exchange business, to verify client KYCs which were all handed over to them,“ said a spokesman at Centrum Group.
Ajanta Pharma, Eicher Motors, PI Industries, Cera Sanitaryware and Natco are 5 such stocks which have given returns of 47-67% between FY09 and FY17.
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