Among the sectors, auto, metal and pharma are under pressure, while Nifty Bank gained 1 percent followed by energy, FMCG and Infra.

Mar 18, 10:16 AM (IST)
Buzzing: The share price of Grasim Industries fell nearly 3 percent on the back of notice from the Income Tax department.

The company received an order issued by the Deputy Commissioner of Income Tax (DCIT) raising a demand of Rs 5,872.13 crore on account of dividend distribution tax (including interest).

Mar 18, 09:57 AM (IST)
Ashoka Buildcon gets order: The company has received Letter of Intent (Lol) from Jharkhand Bijli Vitran Nigam for the Project viz. Rural Electrification Works of Package-4 (Comprising Ranchi, Khunti, Gumla, Simdega & Lohardaga District) in Jharkhand State under Jharkhand Sampurna Bijli Achchhadan Yojana (JSBAY) Phase-II.

Mar 18, 09:40 AM (IST)
Mindtree to consider buyback: Shares of Mindtree gained more than 2 percent in the early trade on March 18 as company board is scheduled to consider the buyback proposal on March 20.

Mar 18, 09:20 AM (IST)
Market Opens: It is a positive start for the market on the first day of the truncated week with Nifty opened above 11,500 level.

The Sensex is up 288.20 points at 38312.52, while Nifty is up 75.40 points at 11502.30. About 753 shares have advanced, 248 shares declined, and 58 shares are unchanged.

Mindtree, IOC, Kotak Mahindra, Bharti Infratel, Axis Bank, Asian Paints, Power Grid, TCS, M&M are among major gainers, while losers are Maruti Suzuki, Grasim, Vedanta, NTPC and Wipro

Among the sectors, auto, metal and pharma are under pressure, while Nifty Bank gained 1 percent followed by energy, FMCG and Infra.

source: moneycontrol.com/