60% of Nifty and 70% of Nifty500 stocks record ‘Death Cross’ on daily charts; a major selloff imminent? The Nifty50 might have turned negative for the year 2019, but almost 60% of the companies in the index are in a bear grip as they have registered formation of a ‘Death Cross’.
Proposed Rs 100 lakh cr expenditure puts infra sector in spotlight; L&T, Mahindra among 10 stocks in focus Infrastructure sector has a big multiplier impact on the economy and experts feel that select stocks in the sector are likely to hog limelight.
Looking for momentum plays? L&T, DMart among top buy ideas for next 1-3 months If the Nifty closes above 11,055, it will fuel a rally that can take the index towards 11,150-11,200 levels in the near-term.
Schneider Electric hopes to complete Rs 14,000 cr L&T deal by early 2020 In May last year, Schneider Electric, together with Singapore's state investment firm Temasek Holdings, had announced an all-cash buyout of L&T's electrical and automation business.
Larsen & Toubro wins contract worth up to Rs 2,500 cr for building hotel, residences in Oman "The buildings and factories business of L&T Oman has been awarded the main work contract of The Mandarin Oriental, Muscat by Eagle Hills, Muscat. The project involves the construction of the Mandarin Oriental Hotel Muscat and the residences at the Mandarin Oriental, Muscat," the company said in a statement here.
Beta rally ripening! SBI, Axis among 7 stocks likely to benefit the most Best high beta and interest rate sensitive stocks to play the rally from the ICICI Securities coverage universe include stocks like SBI, Axis Bank, BPCL, NTPC, Power Grid, L&T, Ultratech Cement.
L&T Construction bags contract from CIDCO to construct residential project in Navi Mumbai The company said the order falls under the 'major' category, which ranges between Rs 5,000 crore and Rs 7,000 crore according to the classification of contracts.
The Economic Times
L&T Construction bags contract from CIDCO to construct residential project in Navi Mumbai
L&T Construction bags contract from CIDCO to construct residential project in Navi Mumbai The company did not provide the value of the contract, but said the order falls under the 'major' category, which ranges between Rs 5,000 crore and Rs 7,000 crore according to the classification of contracts.