Share market update: Metal shares decline; Welspun Corp slips 4%
The Nifty Metal index was trading 0.29 per cent down at 2856.40.
Enforcement Directorate names JSW Steel in BPSL case
The Enforcement Directorate on Friday filed a charge sheet against former Bhushan Power and Steel Ltd CMD Sanjay Singal and others in a multi-crore money laundering case linked to an alleged bank loan fraud.
JSW Group firm Forma shuts operations
The company's MD Tarini Jindal Handa -- daughter of steel magnate Sajjan Jindal -- had announced plans of investing around Rs 250 crore over the next five years to become one of the top five readymade furniture brands in India.
Corporate earnings, budget expectations to drive equities this week: Analysts
Investors in domestic market will closely watch quarterly earnings from companies.
NCLAT asks investigative agencies to clarify over JSW Steel's immunity in BPSL matter
A three-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya asked the agencies to file their reply affidavits by January 20 stating whether after insertion of section 32 A in the Insolvency and Bankruptcy Code (IBC) last month, JSW Steel has immunity from the alleged fraud committed by the previous BPSL managemet.
Buy JSW Steel, price target Rs 294: Dharmesh Shah
The analyst suggested a stop loss at Rs 269.
NCLAT seeks clarity from govt, agencies on JSW Steel immunity
ED had in October last year attached Bhushan Power and Steel’s Rs 4,025-crore worth of land, buildings, plant and machinery in Odisha in a case related to the alleged diversion of bank funds, stalling the implementation of JSW Steel's Rs 19,700-crore resolution plan.
CCI orders probe against Asian Paints for unfair business practices
"The Commission is of the view that evidence provided by JSW Paints is prima-facie sufficient to indicate that Asian Paints has denied access to the distribution channels in the relevant market to JSW Paints by threatening and coercing such dealers through various means," the fair trade regulator said.
Stocks in the news: YES Bank, Asian Paints, Tata Global and Bharti Airtel
Australia’s Paradice Global sold 33.88 lakh shares of Tata Global through a bulk deal
Share market update: Power shares mixed; RInfra slumps 5%
The S&P BSE Power index was trading 0.22 per cent up at 1996.24 .
Share market update: Metal shares mixed; SAIL rises over 1%
The Nifty Metal index was trading flat at 2884.45.
Key driver of D-Street picked top IT, infra, metals, pharma names in Q3
The insurance behemoth offloaded some shares of telecom, power, oil retailers and hospitals.
Stock market update: 15 stocks hit 52-week lows on NSE
Among the stocks that touched their 52-week lows were Sical Logistics and Reliance Home Finance.
Share market update: 63 stocks hit 52-week highs on NSE
Overall, 29 shares were trading in the green in Nifty50 index, while 21 were trading in the red.
Share market update: Fertilizer stocks mixed; GSFC rises 3%
The NSE Nifty50 index was trading 21.35 points up at 12364.65.
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