The stock of Tata Elxsi Limited has formed Three Outside Up candlestick pattern on daily time frame. The Three Outside Up pattern is representing the confirmation of Bullish Engulfing candlestick pattern.

The stock of Rites Limited has formed Bearish Engulfing candlestick pattern on daily time frame. The Bearish Engulfing Candlestick Pattern is considered to be a bearish reversal pattern and usually occurs at the top of an uptrend.

Some comfort also came in with a report that a high-level panel constituted by the government to suggest measures to augment GST revenue collection will hold its first meeting on October 15. Sentiments were also buoyed as India and China decided to set up a ministerial-level mechanism to resolve issues relating to trade, investment and services.

Morepen Laboratories Limited on Monday informed the exchanges that it has developed and added three drugs to its portfolio of Active Pharmaceutical Ingredients for sale in domestic and global markets.

The supply contract is initially for a period of one year and of approximately US$ 5 million. The contract is extendable for a period of three years with total value of upto US$ 20 million.

Following stocks are close to their 52-weeks low as at 14:45 p.m. on October 14, 2019.

The markets on October 14, 2019 opened gap up. BSE Sensex is trading at 38,464.13, up by 337.05 points and the Nifty is closed at 11,409.90, up by 104.85 points.

Granules India has formed the JV in 2007 to ensure a regular supply of ibuprofen API to support its requirements for manufacturing Pharmaceutical Formulation intermediates and Finished Dosages.

Total will tender an open offer to public shareholders to acquire up to 25.2 per cent and purchase the residual shares from Adani Family. After the execution of this, both Total and Adani Family will hold 37.4 per cent each and rest will be with public.

Avenue Supermarts has reported results for second quarter ended September 30, 2019. The company could not please the Street with its Q2FY20 numbers.