IRCON International informed bourses that it has won an International Railway contract from Sri Lanka Railways.

The markets on May 3, 2019 opened down. BSE Sensex is trading at 39,117.29, up by 135.86 points and the Nifty is trading at 11,755.95, up by 31.20 points. 

Glenmark Therapeutics Inc. USA has entered into a co-promotion agreement with Otonomy, Inc. which is a biopharmaceutical company dedicated to the development of innovative therapeutics for neurotology.

The revenue of Security Solutions India grew to Rs. 779 crore from Rs. 572 crore in Q4FY18, while revenue from Security Solutions International was at Rs. 902 crore as against Rs. 841 crore in Q4FY18. Also, revenue from Facility Management increased to Rs. 277 crore from Rs. 182 crore in Q4FY18.

The iconic site in Chembur was RK Studios' headquarter and was established by Bollywood legend Raj Kapoor. The 2.2 acre property is situated on the arterial Sion-Panvel Road and a sought-after location in Mumbai.

Overall volumes in futures & options currently stand at 3.40 crore contracts with a turnover of Rs. 22,14,495.54 crore.

Overall volumes in futures & options currently stand at 3.40 crore contracts with a turnover of Rs. 22,14,495.54 crore.

Alembic Pharmaceuticals has received approval from the USFDA for its ANDA Teriflunomide tablets.

As long as Nifty does not close above 11765 and sustains there for at least two days, we do not expect Nifty to post any runaway rise. Meanwhile, on the downside, immediate support is seen around the levels of 11,660, followed by 11,550. Stocks in news: IRCON, Tata Motors, JSW Steel, HDFC Life Insurance, Persistent Systems, Grasim Industries.

The Finance Ministry warning of lower GDP in Q4FY19 to be an overhang on the domestic markets on Friday. Also, in overnight trade, the US markets continued to be under pressure and in early trade cues from Asian peers are negative. Hence, we expect a dull start to the day. At the time of writing, SGX Nifty was trading 11 points lower at 11,744.