Markets in India are likely to make a quiet start tracking the lacklustre movement seen across Asian markets. Nifty 50 index future on the Singapore stock exchange is currently trading with modest gains of 3 points at 10,776.    

The stocks that are likely to witness significant movement on the bourses on Thursday, July 5 are, Yes Bank, FIEM Industries Limited, Shriram Transport Finance, TCS, Wipro, Infosys

In its clarification the company stated that promoter group, and its associates, have enough funds to repay this debt whenever it is due.

YES Bank received the final regulatory approval from the Securities & Exchange Board of India (SEBI) to commence its Mutual Fund business, the bank announced on Wednesday.

Indian pharmaceutical company Unichem has received final ANDA approval from USFDA for asthma drug, Montelukast Chewable Tablets, 4 mg and 5 mg.

The share price of Prakash Industries added 3.3 per cent intraday on Wednesday after the company reported its highest ever quarterly sales volume in the June quarter of FY19. 

There is buzz in the market that GVK Group might sell controlling stake in TAJGVK to Fairfax Holding. The company TAJGVK Hotels & Resorts Limited is a joint venture between the Tata Group's Indian Hotels Company Limited (IHCL) and the GVK Group.

Bagging high returns with minimum risk exposure is what most investors carve for. To address this investor demand, there are several products in the mutual fund market and arbitrage fund is one of the better-known investment options, with the lowest risk exposure.

ISGEC Heavy Engineering Limited gained 6 per cent after the company was declared as the lowest bidder (L-1) for a thermal power project.

The stock prices of Dena Bank went up by 5 per cent on Wednesday as the bank plans to sell 60.5 lakh shares in three entities, NSDL E-Governance Infrastructure Ltd, National Securities Depository Ltd and SIDBI.