ZEE Entertainment Enterprise (ZEEL) on Wednesday announced the much-awaited stake sale deal. The Invesco Oppenheimer Developing Markets Fund has agreed to buy 11 per cent stake in ZEEL. 

Due to coal crunch, NTPC has shut down three of its units at its plant located in Kaniha in the state of Orissa.

Dewan Housing Finance Corporation Ltd (DHFL) has completed divestment of its stake in DHFL Pramerica Asset Managers and DHFL Pramerica Trustees to PGLH of Delaware Inc.

As long as Nifty trades below the 200-DMA, there are chances of the index moving further down towards the 10,980 level. Going ahead, only faster retracement above the 200-DMA will boost the sentiments in the markets. Stocks in news: Sun Pharmaceutical, BOSCH, ZEEL, Unichem Laboratories, GMR Infrastructure, Mindtree.

At the time of writing, the SGX Nifty was trading with a cut of 48 points at 11,073.

The leading animal healthcare companies reported 11 per cent YoY increase in sales at Rs. 42.42 crore for Q1FY20 as against Rs. 38.26 crore in Q1FY19, on a standalone basis. Net profit was at Rs. 9.79 as against Rs. 9.68 crore in Q1FY19.

The following stocks would be in focus during Thursday’s trading session in light of their results announcement: Tata Power, Bharti Airtel, CEAT, Marico and Raymond.

The stocks to look out on August 1 include Allahabad Bank, DHFL, Symphony Limited, Dilip Buildcon, Mindtree and Coffee Day Enterprises.

Dish TV reported its numbers for the quarter ended June 2019. The shares tumbled almost 7 per cent intraday on Wednesday.

Following stocks are close to their 52-weeks low as at 2:44 p.m. on July 31, 2019.