The declining trend in the sales of North American Class 8 trucks continued in the month of January. The industry booked 15,800 units in January, which is down by 26 per cent from December sales. Read on to know which Indian auto ancillary companies might get affected due to this.

Following stocks are close to their 52-week low as at 12.56 p.m. on February 6, 2019.

The markets on February 6, 2019 opened gap up. BSE Sensex is trading at 36,895.18, up by 278.37 points and the Nifty is trading at 11,026.20, up by 91.85 points. 

V-Mart’s revenues came in at Rs.467.55 crore for the quarter ended December 2018 as against Rs. 368.93 for the corresponding quarter last year, up 26.73 per cent YoY.

Overall volumes in futures & options currently stand at 95.84 lakhs contracts with a turnover of Rs. 5,58,363.03 crore.

Overall volumes in futures & options currently stand at 95.84 lakhs contracts with a turnover of Rs. 5,58,363.03 crore.

The company's formulations facility is cleared by the US drug regulator with the issuance of Establishment Inspection Report (EIR). It is one of the largest facility owned by Strides Pharma and supports several products sold in the US markets.

Going ahead, we would see Nifty making an attempt to break above the resistance level of 10,950, which has been resisting since some time. However, it would be important to see whether follow-up buying ensues, and if it fails to clear this resistance zone convincingly, we will see the market entering into consolidation phase again. Stocks in news: Jubilant Foodworks, HCL Technologies, Adani Green Energy, Majesco, NBCC, PVR, Century Plyboards and Bharti Airtel.

The Indian markets go into Wednesday’s session with a head start as SGX Nifty suggests that Nifty may open above the 11,000 mark. It would be very crucial to watch the price behaviour around this level as the index has been seen resisting multiple times near about this level.

On Tuesday, the stock has given breakout of downward sloping trendline along with robust volumes.