The markets on August 1, 2018 opened up. BSE Sensex is trading at 37,565.72, down by 40.86 points and the Nifty is trading at 11,356.25, down by 0.25 points. 

A consortium of oil exploring companies lead by Reliance received a favourable ruling in a dispute regarding unjust production of gas near the blocks allocated to ONGC in the Krishna-Godavari Basin.

Parag Milk Food, a dairy FMCG company has informed bourses on Wednesday that it will begin production process in its plant installed at the Sonipat, Haryana by end of this week. 

EBITDA for the quarter fell by 19.4 per cent yoy to Rs. 9.57 crore with a corresponding margin contraction of 105 bps. EBITDA margin for the quarter stood at 4.7 per cent.

TATA Motors reported a surprise loss in Q1FY19 due to weaker JLR earnings and foreign exchange losses in the first quarter of the fiscal year.

With the continued volatility in crude oil price and steep depreciation of the Indian rupee, the company expects a challenging second half, but will be taking appropriate actions to support the volume growth momentum.

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EBITDA for the quarter rose by 4 per cent yoy to Rs. 210.94 crore with a corresponding margin contraction of 362 bps. EBITDA margin for the quarter stood at 31.2 per cent.

Overall volumes in futures & options currently stand at 55.40 lakh contracts with a turnover of Rs. 5,29,372.26 crore.

Overall volumes in futures & options currently stand at 55.40 lakh contracts with a turnover of Rs. 5,29,372.26 crore.