Kernex Microsystems (India) said that it has entered into a joint venture agreement with Bharat Heavy Engineering to develop advanced railway signalling and train control technologies.

All the sectoral indices are trading in the red with auto, PSU Bank, Oil & Gas and Private Bank down 3-5%. Nifty Midcap and Smallcap indices down 2.5% each. Tata Motors Passenger Vehicles, SBI, M&M, ...

Along with macro cues, dividend considerations, stake acquisitions, infrastructure orders and regulatory developments are likely to drive stock-specific movement on D-Street.