The markets on May 9, 2019 opened gap down. BSE Sensex is trading at 37,488.11, down by 301.02 points and the Nifty is trading at 11,276.05, down by 83.40 points. 

According to DGCA India, passengers carried by domestic airlines during Jan-Mar 2019 were 354.53 lakhs. 

Lupin Limited has announced that it has entered into a definitive distribution agreement with Aptissen S.A. Under this agreement, Aptissen has granted Lupin with the exclusive rights to market, distribute and sell the current Aptissen products in Canada.

Glenmark Pharmaceuticals announced positive results from a Phase 3 study of Ryaltris, an investigational fixed-dose combination nasal spray for the treatment of seasonal allergic rhinitis(SAR). 

Adani Group is said to be negotiating an approximately Rs. 1,500 crore deal with Kalpataru Power Transmission Limited (KPTL) for four of its transmission lines.

Overall volumes in futures & options currently stand at 1.98 crore contracts with a turnover of Rs. 13,24,483.37 crore.

Overall volumes in futures & options currently stand at 1.98 crore contracts with a turnover of Rs. 13,24,483.37 crore.

The momentum indicators on the shorter time frame are slightly oversold and this may result in minor bent towards the 11,420-11,450 level. On the downside, if Nifty slips below the Wednesday’s session low of 11,347, then it may go down all the way up to the level of 11,300, followed by 11,220. Stocks in news: Yes Bank, Dilip Buildcon, TVS Motor, Bharat Financial Inclusion, Hindalco Industries.

Indian indices seem to be running out of luck for now as domestic markets are likely to witness yet another negative opening following depressing cues from Asian peers. At the time of writing SGX Nifty was trading down by 26 points at 11,376 level. Among the results to watch are Apollo Tyres, Asian Paints, Granules, HCL Technologies, MGL, OFSS, VBL and Voltas.

Satin Creditcare Network reported a consolidated net profit of Rs. 201 crore for FY19, registering a growth of 169 per cent YoY as against Rs. 75 crore in FY18 on a consolidated basis. The company reported revenues of Rs. 1,448 crore in FY19, up by 40 per cent YoY.