10/31/2017

31 Oct Stock Market News, BUY or SELL, Intraday Nifty Trading Tips

31 Oct Stock Market News, BUY or SELL, Intraday Nifty Trading Tips:

Sensex and Nifty are trading in the red following weakness in several sectors. Metal and PSU Bank index lose steam, while Bank stocks trades in green.

Bharti Telecom will acquire 18,47,10,183 equity shares of Bharti Airtel from Indian Continent Investment Limited (ICIL), at price of Rs 417.35 share apiece.

 The proposed merger between Infrastructure Development Finance Company (IDFC) and Shriram Group has been sapped on differences over valuation.

Bharti Infratel Ltd has decided to explore and evaluate acquisition of stake in Indus Towers with the aim of making it a subsidiary or wholly-owned subsidiary of the company.

Oriental Bank of Commerce (OBC) to issue tier-I bonds worth 5 billion, with an option for over-subscription of up to 5 billion rupees.


Reliance Communications Ltd has presented a new plan to its lenders, offering controlling stake in the company. The company further has offered to convert debt of up to 71 billion rupees into equity

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