In-line with the banks international expansion plan, Yes Bank receives RBI approval to open two representative branches in London and Singapore. The bank has an office in Abu Dhabi.

Going ahead, the level of 10,600 will act as an immediate resistance, followed by 10,630. On the downside, Tuesday session's low of 10,495 would act as a crucial support level, and as a long as Nifty manages to hold this support level, it is likely to reclaim the level of 10,631, which is the high of February 27, 2018.  Stocks in the news: JB Chemicals and Pharmaceuticals, Lasa Supergenerics, Info Edge, Kakatiya Cement, Indian Metal and Ferro Alloys, Mahindra and Mahindra and Religare Enterprises.

Indian benchmark indices are likely to open with modest losses as cues from Asian peers are mixed. The SGX Nifty is pointing that Nifty may open with loss of 35 points at 10,553.    

India’s largest software exporter, Tata Consultancy Services, reported its fourth quarter results of FY18 today. 

Reliance Industries Limited (RIL) and BP on Thursday announced sanctioning of the ‘Satellite cluster’ project in Block KG D6.

Global FMCG major, Procter & Gamble Company (P&G) plans to hold 51.80 per cent voting share capital of Merck Limited (India). The company has made an mandatory open offer for 26 per cent stake of the consumer healthcare company from public shareholders on the Indian exchanges.

The promoters of Cerebra Integrated Technologies have been acquiring the company’s shares at regular intervals.

Following stocks are close to their 52-week low as at 12.38 p.m. on April 19, 2018.

The markets on April 19, 2018 opened gap up. BSE Sensex is trading at 34,410.80, up by 79.12 points and the Nifty is trading at 10,558.30, up by 32.10 points. 

Following the trend seen in the global resource stocks, metal stocks in Indian market surges on Thursday. Leading Indian aluminum producers, Hindalco, Nalco and Vedanta followed the big overnight rally in metal prices.