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SENSEX: 35081.82 310.77

NIFTY: 10788.55 88.10

Stock Signs

Reliance Comm

32.403.68%BSE : Jan 17, 16:00

Stocks in the news: Reliance Comm, Tata Global Beverage, Lupin, L&T, Quess Corp

The market could trade subdued on the last trading session for the year, with trends on SGC Nifty showing a flat start. The Nifty which started on a bullish note on Thursday failed to hold gains and closed near its opening level making a ‘Spinning Top’ kind of indecisive pattern on the daily candlestick charts.

Here are stocks that are in news today:

Tata Global Beverage:

Tata Global Beverages (TGBL) has sold its stake in joint venture firm Estate Management Services Private Limited (EMSPL) for a consideration of Rs 120 crore.

Lupin Ltd:

Pharma major Lupin Ltd aid it has received final approval from the US health regulator for its generic version of Dovonex scalp solution used in the treatment of psoriasis of the scalp.

Can Fin Homes:

The Committee of the Board at its meeting held on December 28, 2017 allotted 52,915 Rights Equity Shares of Rs.2/- each (in lieu of 10,583 equity shares of Rs.10/- each) to Mr. Koshy George and 3 others.

Astron Paper:

Astron Paper & Board Mills will make its stock market debut on Friday after successfully concluding its initial public offer (IPO) last week. The company's IPO was subscribed 243 times during December 15-20.

Bank of Baroda:

Bank of Baroda on Thursday said it will purchase its joint venture partner UniCredit’s entire 51 per cent stake in Baroda Pioneer Asset Management Company (AMC) and Baroda Pioneer Trustee Company Private Ltd (Trustee), said a report.

L&T:

Larsen & Toubro (L&T), India's biggest infrastructure and project execution company, has won a Rs 1,000-crore contract to maintain 5 million smart meters in Uttar Pradesh and Bihar over the next eight years, ET reported quoting sources.

Indiabulls Housing Finance:

The Company on December 28, 2017, allotted its Third tranche of Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakh each ('NCDs') aggregating to Rs. 780 crore.

Other stocks and sectors in the news
IDBI Bank: BM Sharma nominated to be director of the firm.
Quess Corp acquired 100 percent in Master Staffing Solutions between Manipal Integrated Services and Quess CorpReliance Communications to sell its wireless business to Reliance Jio