Sensex up 220 points, Nifty above 11,100; here’s why DLF, SBI, Jet Airways shares are in focus today

By: | Published: March 11, 2019 9:45 AM

The headline indices-- Sensex and Nifty-- opened mildly higher this morning, tracking mixed global cues. The 30-share Sensex is trading about 220 points higher at 36,891.85, while the Nifty is trading above the crucial 11,100-mark.

Stock Market, Share Market Live, Stock Market Live, Nifty Live, NSE live, BSE live, Live Market Update, Market Today, Indian Share Market Live, Indian Stock Market LiveSensex is trading about 220 points higher at 36,891.85, while the Nifty is trading above the crucial 11,100-mark.

The headline indices– Sensex and Nifty– opened mildly higher this morning, tracking mixed global cues. The 30-share Sensex is trading about 220 points higher at 36,891.85, while the Nifty is trading above the crucial 11,100-mark. We take a look at 5 key stocks that will assume focus today.

DLF: Realty major DLF plans to raise Rs 3,000 crore via issue of equity shares to qualified institutional investors by June-19. The funds raised through QIP would help the company in paring its debt which stood at Rs 7,200 crore as on December, 2018.

IDBI Bank: The bank said Sunday that it is considering to appoint current MD and CEO for another term of three years . The bank is already in the process of appointing two new deputy managing directors.

State Bank of India: India’s largest lender SBI last week announced its decision to link its large savings deposits and short-term loans to the repo rate.

Jet Airways: According to the media reports the debt-ridden airline has received loan of Rs 2,050 crore from Punjab National Bank.

Oil India: State-run Oil India announced last week that it had received two blocks in the state of Tripura and in Krishna Godavari Basin.

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