Registering a stupendous 2 per cent gain, the benchmark indices recovered as the central government announced the rollback of FPIs surcharge, a fiscal package for state-owned banks and stimulus for auto sector to revive the economy on Friday.

Bharat Heavy Electricals Limited (BHEL) has bagged two orders for emission control equipment at its thermal power plants. The orders that are worth Rs. 2500 crore, were placed by public sector power company - NTPC Limited.

Civil engineering construction company B.L. Kashyap and Sons Limited received orders in Bengaluru and Trivandrum. Following the announcement, the stock was locked in its upper circuit in post lunch session on Monday.

Following stocks are close to their 52-weeks low as at 13:42 p.m. on August 26, 2019.

The markets on August 26, 2019 opened gap up. BSE Sensex is trading at 37,409.81, up by 708.65 points and the Nifty is trading at 11,029.00, up by 199.65 points.

USFDA had conducted the inspection of Ipca Laboratories’ formulations manufacturing unit situated at Piparia (Silvassa) from August 19-23, 2019. At the conclusion of the inspection, the USFDA issued a Form 483 with 3 observations.

The United States Food and Drug Administration (USFDA) conducted inspection at the Unichem Laboratories’ Ghaziabad formulation facility between August 19-23, 2019.

Auto sector stocks were in focus in morning trade on Monday after the government acknowledged the difficulties faced by the sector and announced a slew of measures to revive growth. On Friday, the Union Finance Minister Nirmala Sitharaman put-forth a five-prong stimulus package to help increase vehicle sales.

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Alkem Laboratories (Alkem Labs) has received four observations from USFDA at its manufacturing facility located at St. Louis, Fen ton Park, USA. Inspite of this development, the stock of Alkem Labs is trading higher by a per cent on the BSE.