The stocks that are likely to witness significant movement on the bourses on Tuesday, June 26, 2018 are Oil India Limited, Jet Airways Limited India, Tata Communications Limited, Biocon and Max India Limited.

Following the benchmark indices, S&P BSE 100 index too tumbled to close down by 0.6 per cent. However, three stocks listed on BSE 100 category hit 52-week high levels including Bajaj Finserv, Bajaj Finance and Page Industries. 

The company has signed an agreement to acquire assets of Tudor India situtated in Gujarat. The assets include immovable land assets and movable assets in its factory in Prantij, Sabarkantha.

Union Budget of FY19 has wiped-off some of the tax disadvantages that FoF had compared to normal equity fund. Does this warrants investment in them?

Indian stock markets turned subdued at the start of the week, despite a very sharp upside and positive closure in the last week. Nifty Auto index which shed more than 1 per cent is the top sectoral loser. Tata Motors which is a part of Nifty50 and forms almost 10 per cent of Nifty Auto, has tumbled nearly 4 per cent and was the top loser in both the indices on Monday.

The upcoming expansion at Mysuru, Karnataka and Visakhapatnam, Andhra Pradesh will add 6,00,000 KL and 5,00,000 KL to existing facilities. The company is investing around Rs. 4,000 crore for this expansions.

Following stocks are close to their 52-week low as at 1.26 p.m. on June 25, 2018.

The markets on June 25, 2018 opened gap down. BSE Sensex is trading at 35,585.15, down by 104.45 points and the Nifty is trading at 10,793.10, down by 28.75 points. 

Phoenix Mills’ (PML) wholly-owned subsidiary, Insight Hotels & Leisure has acquired an under-construction retail asset in Indore. PML has acquired the asset for Rs. 2.34 billion in an auction conducted by an Asset Reconstruction Company.

The US drug regulator, USFDA has cleared Biocon's sterile drug product unit after an inspection that ended last month.