Arbitrage funds have witnessed significant outflows in the month of June. AMFI data showed that Rs. 1,423 crore were pulled out from arbitrage funds, which is the largest outflow from the category in the current financial year.

After hitting all-time high levels, Nifty FMCG index witnessed profit booking in Friday’s trade, registering more than 1 per cent loss. The index had formed a kind of Bearish Engulfing pattern which if confirmed on Monday’s trade can give some more downside in the sessions to come.

Maharashtra government has allowed movie-goers to carry their own food to theatres starting from next month onwards. The multiplexes charge exorbitant prices for food sold at their premises, which form significant part of their revenue.

There is a lot of myth around Friday 13th that it is not good for the stock market. Read on to know the reasons for such a myth and if it really is the case.

Following stocks are close to their 52-week low as at 12.52 p.m. on July 13, 2018.

The markets on July 13, 2018 opened gap up. BSE Sensex is trading at 36,629.75, up by 81.34 points and the Nifty is trading at 11,038.30, up by 15.10 points. 

IT sector that is trading marginally up by 0.5 per cent has resisted correction in the benchmark indices. Gains of 1.6 per cent plus in Infy and Wipro, with Infibeam as top gainer at 1.9 per cent gains have kept the IT index going upwards in an otherwise subdued trading day.

The company will announce its results for the June quarter earnings post market hours on Friday, this has led to the shares spiking up by 2 per cent.

Larsen & Toubro Limited announced that its construction arm has won another set of orders worth Rs. 3,000 crore in Andhra Pradesh, on Friday. It is a prestigious EPC order received from the Andhra Pradesh Capital Region Development Authority (APCRDA).

Suzuki Corp is setting up lithium-ion battery manufacturing plant in Gujarat to improve the quality of batteries as well as mitigate adverse effects of rising lead prices.