Market Live: Sensex up 200 pts, Nifty above 11,650

Zee amusement's stake sale: izzard Entertainment has sent written agreement agreement for succeeding share of stake sale to lenders, CNBC TV18 reportable, citing sources. written agreement arrangements by the corporate ar same to be one-sided that favours the corporate. the corporate has told the lenders that they need a prepared vendee. Meeting with lenders is afoot.

As per sources, the written agreement arrange says the identity of vendee, quantum of stake sale, value at that stake sale is dead and date & time of the execution of stake sale won't be disclosed to lenders. Stake sale are going to be dead via broker. izzard amusement is however to reply to CNBC-TV18's question. Get Nifty Options Tips by just clicking the link.

Rupee update: Erasing losses of the first session, the Indian rupee edged up against the US dollar. Around 13:50 hours IST, the Indian currency was half dozen paise up at seventy one.10 per dollar.

Cipla shares gain once acquisition of anti-infective drug Elores

Shares of Cipla gained a p.c intraday on Oct eighteen once acquisition of anti-infective drug Elores from Venus Remedies.

The drug maker proclaimed the acquisition of a completely unique and proprietary anti-infective product for the Indian market to additional strengthen its presence within the branded Indian essential care house and as a locality of its agenda to contribute to the fight against Anti-Microbial Resistance (AMR).

South Indian Bank shares jump seven-membered once firm’s Q2 profit rises

Shares of South Indian Bank jumped nearly seven p.c in intraday trade on BSE on Oct eighteen, on a daily basis once the bank reportable a twenty.5 p.c year-on-year (YoY) rise in earnings at Rs eighty four.48 large integer within the second quarter of FY20 against a earnings of Rs seventy.13 large integer in July-September quarter a year agone.

The bank’s web interest financial gain (NII) grew fifteen.37 p.c YoY whereas alternative financial gain rose fifty seven.9 percent. The operational profit improved thirty two.82 p.c YoY throughout the September quarter to Rs 411.45 crore.

ARSS Infrastructure gains nearly five-hitter on order win value Rs seventy six large integer

Shares of ARSS Infrastructure comes rose nearly five p.c intraday on Oct eighteen once the corporate received a Rs 76-crore order from instrumentation Corporation of Bharat.

The company’s venture ARSS-BDPL can ought to construct handling platforms, railway track, truck park, buildings and alternative accessory facilities for IFFCO at MMLP Paradip, Odisha.

To avail Free Trading Tips go to our official site.