Following stocks are close to their 52-week low as at 12.42 p.m. on September 06, 2018.

The markets on September 06, 2018 opened up. BSE Sensex is trading at 38,069.29, up by 50.98 points and the Nifty is trading at 11,483.60, up by 6.65 points. 

Aurobindo Pharma Ltd's wholly-owned subsidiary, Aurobindo Pharma USA Incorporated signed a definitive agreement to acquire commercial operations and three manufacturing facilities related to dermatology and oral solids businesses in US from Sandoz Inc., USA, a Novartis Division.

Ahmedabad-based building contractor PSP Projects has bagged work order worth Rs. 226.07 crore from various client for industrial and Institutional project.

Overall volumes in futures & options currently stand at 1.33 crore contracts with a turnover of Rs. 13,57,421.34 crore.

Overall volumes in futures & options currently stand at 1.33 crore contracts with a turnover of Rs. 13,57,421.34 crore.

Going ahead, the level of 11,390-11,400 is likely to act as immediate support for the index. On the upside, immediate resistance for the index is seen around 11,505, which is its 21-day EMA, and sustaining above this level may result in further upmove up to the levels of 11,530-11,550.  Stocks in news: Aurobindo Pharma, Nandan Denim, Alembic Pharmaceuticals, Persistent Systems, Welspun Corp, PSP Projects, Bharti Infratel and Bharti Airtel.

Indian shares are expected to open modestly higher on Thursday, shrugging off weak global cues. The SGX Nifty suggests that Nifty could open higher by 39 points around the level of 11,542.

Angel Broking Limited, a leading broking house has filed a Draft Red Herring Prospectus (DRHP) with SEBI.

Major indices have witnessed bloodbath from the start of this week. For the third consecutive day on Wednesday, the indices have shed considerable gains. Where the benchmark indices Nifty and Sensex tumbled more than 3 per cent, BSE Midcap index underperformed by plunging nearly 5.5 per cent.