The markets on July 23, 2019 opened gap down. BSE Sensex is trading at 38,097.54, up by 66.41 points and the Nifty is trading at 11,348.15, up by 1.95 points. 

The order would further expand the company’s EMP and Packaged Air Conditioning system segment revenue, going ahead. The order book of EMP and Packaged Air Conditioning system segment as on FY19 stood at Rs. 2,952 core which translates book-to-bill of 1.1x on FY19 revenue giving healthy revenue visibility in the near term.

Gujarat-based pharmaceutical company Alembic Pharma today informed the bourses that it has received tentative approval from US Food & Drug Administration (USFDA) for Dapagliflozin Tablets, 5 mg and 10 mg.

Overall volumes in futures & options currently stand at 1,56,71,937 contracts with a turnover of Rs.10,63,981.45 crore.

Overall volumes in futures & options currently stand at 1,56,71,937 contracts with a turnover of Rs.10,63,981.45 crore.

We believe holding above the Monday’s session low of 11,300 could mean a possibility of an upside bounce in the index. On the downside, if the index slips and sustains below the 11,300 mark, it would lead to an extension of the correction towards the 11,220 mark. Stocks in news: Alphageo, Kinetic Engineering, TVS Motor, BSE, Vadilal Industries.

The outlook for the day is a flat to positive start on the back of cheerful cues from the Asian peers. At the time of writing, the SGX Nifty was up by 14 points at 11,353.

Out of last nine trading session, FIIs remained net seller in all of those sessions. The major indices are down  by more than 4 per cent. Read on to find if FIIs selling is related to such fall. 

The following stocks would be in focus during Tuesday’s trading session in light of their results announcement: CRISIL, DCM Shriram, Hindustan Unilever, L&T and Praj Industries.

Bharat Heavy Electricals (BHEL) has secured an order worth Rs. 486 crore for erection work of reactor side equipment of 2x1000 MWe (Units 3&4) Kudankulam Nuclear Power Project in Tamil Nadu which is being set up under foreign co-operation (Russia).