Monday’s session low (10,926) would be a crucial level for the coming session as this level is near about the May high of 10,929. However, a fall below this level would lead to a further decline up to the level of 10,879, which is 38.2 per cent retracement of the recent upmove, followed by 10,833 level, which is an important short-term moving average, i.e. 20-day EMA. Stocks in news: Adani Ports, BEML, Dilip Buildcon and BEL. 

Indian equities are expected to open lower amid negative global cues. The Nifty 50 index future on the Singapore stock exchange is currently trading down by 10 points at 10,936.

India INX changes name of ‘S&P BSE SENSEX 50 Futures & Options contracts’ to ‘India 50 Futures & Options contracts’ 

Lupin shares fell by 3  per cent  intraday despite the announcement of successful completion of inspection of its Goa facility by the UK MHRA.

TCNS Clothing Co. Ltd. is coming out with an IPO which will remain open for subscription from July 18 to July 20, 2018. The issue consists purely of Offer for Sale (OFS) worth Rs 1125.13 crore. Through this OFS, the company is offering 1,57,14,038 equity shares having face value of Rs 2 per share. The price band of the issue is Rs 714-716. The minimum lot size is 20 shares. Post allotment, the company will be listed on both BSE and NSE.

These granted patents are corresponding to the New chemical entity (NCE) for the treatment of disorders associated with neurodegenerative diseases including Alzheimer’s, attention deficient hyperactivity disorder (ADHD), schizophrenia, Huntington’s disease and Parkinson’s.

The company announced the acquisition of iSYS RTS, a Germany-based firm. The stock of Minda Industries opened on a positive note and hit a high of 427 and is currently trading marginally up with 0.4 per cent gains at 421 levels at 12:46 hours. 

Aurobindo Pharama Limited's wholly-owned step-down subsidiary, Agile Pharma B.V (Netherlands) has entered into an agreement to acquire Apotex International Inc’s commercial operations in five European countries for 74 million euro. 

The day of July 13, 2018 was when Sensex stepped pass another landmark to reach its new all-time high of 36,740 amid firm global cues and the recent fall in the crude oil prices.

Following stocks are close to their 52-week low as at 12.19 p.m. on July 16, 2018.