The sentiments turned pessimistic as the Australia and New Zealand Banking Group (ANZ) slashed its forecast for India's economic growth to 6.2 per cent in the financial year ending March 2020 from a previous estimate of 6.5 per cent, warning it would be tough for authorities to engineer a turnaround.

The stock of Pennar jumped 13 per cent intra-day as the company announced orders bagged for the months of June and July 2019.

Ujjivan Financial Services announced its decision to launch IPO of the company’s subsidiary Ujjivan Small Finance Bank (USFB). Reacting to this news, the stock of the company on Monday fell by nearly 8 per cent during intraday trade.

KEC International has secured orders of Rs 845 crore in the emerging Regional Rapid Transit System (RRTS) and Metro sectors in India.

Following a series of positive development, the stock of Sun Pharmaceutical was buzzing on Monday. The stock hit an intraday high of Rs. 434.20 per share, up more than 4 per cent.

The stock of V-Guard Industries has formed opening bullish Marubozu candle on the daily time frame.

Crompton Greaves Consumer Electricals Limited was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

The stocks to watch out on August 20 include KEC, Inox, Sun Pharma, L&T and IndiGo.

Shares of Glenmark Pharmaceuticals gained almost 3 per cent intraday after the company received regulatory approval to commercialise the combination drug under the brand names ‘Remo‐M’ and ‘Remozen‐M’.

Hyderabad-based pharma major Dr. Reddy's Laboratories has announced the launch of Versavo (bevacizumab biosimilar), 100 mg and 400 mg in the Indian Market on Monday. The said medicine is used for the treatment of several types of cancers.