Global Infrastructure EPC major, KEC International Limited, a subsidiary of RPG Group, has secured an order of Rs. 1,357 crore.

The stock of Shilpa Medicare spiked up during the early morning session on Wednesday has the company's facilities received EIR from the US drug regulator.

Overall volumes in futures & options currently stand at 63.10 lakh contracts with a turnover of Rs. 5,86,440.62 crore.

Overall volumes in futures & options currently stand at 63.10 lakh contracts with a turnover of Rs. 5,86,440.62 crore.

Going forward, we expect Nifty may see the levels of 11,000 and 11,050 acting as immediate resistance areas. However, in case Nifty retreats, supports may come in at the levels of 10,890 and 10,860. Stocks in news: HFCL, KEC International, Reliance Capital, Shalimar Paints, Tata Motors, Axis Bank and Fortis Healthcare. 

Stock markets in India are likely to take a breather on the back of sell-off seen in the Asian markets. This was on the backdrop of the Trump administration releasing a list of 10 per cent tariffs on additional US$200 billion of Chinese products, marking a sharp escalation in a trade war between the world’s two largest economies. Nifty 50 index future on the Singapore stock exchange is currently trading with a loss of 25 points at 10,933.   

The total revenue for the quarter grew by 15 per cent QoQ to Rs 29,368 crore in Q1FY19 as against Rs 25,570 in Q4FY18. The constant currency growth stood at Rs 9.3 per cent YoY and 4.1 per cent QoQ. The BFSI vertical growth accelerated to 3.7 per cent QoQ and 4.1 per cent YoY.

The stocks that are likely to witness significant movement on the bourses on Wednesday, July 11, are Tata Consultancy Services, IndusInd Bank , Punjab National Bank , Kridhan Infra Limited and Bank Of Baroda.

An abrupt hike in the price of drugs by pharma companies was slammed by US President, Donald Trump in his tweet wherein he specifically commented on Pfizer. Most of the pharma shares listed on Indian exchanges traded in the red during Tuesday’s trading session.

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