NEW DELHI: Domestic market is likely to see a flat opening on Tuesday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and global cues. Nifty futures on the Singapore Stock Exchange were trading 13 points, or 0.12 per cent, lower at 10,419, indicating a flat start for the Nifty50 on Dalal Street. The agreement is for supply of cement, clinker and raw materials such as fuels, fly ash, slag and gypsum. The order has been received against competitive bidding, a BHEL statement.The Rs 960-crore initial public offering (IPO) by mini-ratna Bharat Dynamics will kick off on Tuesday.The government intends to offload 2.25 crore shares (12.27 per cent stake in the offer for sale (OFS) in Rs 413-428 range. The retail investors and employees will be offered a discount of Rs 10 per share in the issue that closes on March 15.
Source: Economic Times March 13, 2018 03:01 UTC