The relaxation will only be available for transfers executed after January 1, 2016.

The stock touched an intra day high of Rs 171.90 rising up to 3.43% compared to the previous close of 166.20 on the BSE.

While the Sensex rose 117 points to 35630, Nifty gained 50 points to 10,721. Of 30 Sensex stocks, 27 were trading in the green

Top Sensex losers were PowerGrid (1.11%), Hero MotoCorp (0.68%) and Bajaj Finance (0.23%).

Investors are putting their money into equity funds, but navigating a volatile market will require caution and understanding. Here is what you can expect in 2019.

Year 2018 was action packed for investors who saw volatile markets just as rupee hit rock bottom against the dollar. The eco-political conditions also changed quickly - RBI's chief made a premature exit, and the ruling party faced defeat in elections in three states. Here's what lies in store for equity investors in the new year.

The IPO includes fresh issue aggregating up to Rs 250 crore besides an offer for sale of up to 42,403,271 shares by existing shareholders including Tata Capital Financial Service and TPG Asia.

Vikas Jain, Senior Research Analyst, Reliance Securities, sheds light on the market. The indices closed with losses for the week, with the Sensex declining 476.14 points, and the broader NSE Nifty falling 155.45 points during the period.

ICICI Bank was the top Sensex gainer post Q2 earnings after brokerages raised the stock's target price. Other Sensex gainers were SBI (7.90%), Adani Ports (6.62%) and L&T (5.15%).