Stock market today: PNB, SAIL, Sun TV among 15 stocks in F&O ban list on August 13

Stock market today: PNB, SAIL, Sun TV among 15 stocks in F&O ban list on August 13

F&O ban list:The National Stock Exchange (NSE) banned trading in 15 stocks on Tuesday, August 13, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of securities in the F&O … Read more

Ultratech-India Cements Deal: Can be mutually beneficial for both companies, says Prabhudas Lilladher

Ultratech-India Cements Deal: Can be mutually beneficial for both companies, says Prabhudas Lilladher

UltraTech Cement, on June 27, announced that its board has approved the acquisition of a 23 percent equity stake in India Cements. UltraTech plans to purchase 7.06 crore shares of India Cements at ₹267 per share, bringing the total deal value to approximately ₹1,885 crore. The promoter group holds a 28.42 percent stake in India … Read more