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The markets scaled new highs this week after the Fed cut overnight borrowing rates, sending the green signal on liquidity flows.

Market timings are likely to be extended due to sun outage from September 25 to October 9 (both days inclusive). Trading will be suspended between 11:25 am to 12:05 pm. The market will begin trading as usual at 9:55 am but will close 4:45 pm, instead of 3:30 pm.

Essar Steel’s proposed buy-back at Rs 38 per share will begin on September 24 and close on September 28. The promoters want to delist shares from BSE and NSE.

The pharma MNCs — Pfizer (Sep 24) and Abbott (Sep 29) — will announce their third quarter numbers. Also, Pantaloon Retail and Deccan Aviation will announce their June quarter results next week.

The UB group’s revised open offer to Deccan Aviation shareholders closes on October 1.

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