The Indian markets may begin the fresh week on a flat note as in early trade, the SGX Nifty is trading almost unchanged at the level of 11,832.

The stocks to keep a watch on June 17 are Mahindra & Mahindra, Biocon, TATA Communications, Aurobindo Pharma and Laurus Labs.

The stock of Rites Limited has given downward sloping trendline breakout on the daily time frame, along with relatively higher volumes. Additionally, the stock had formed opening bullish Marubozu candle on breakout day, which adds strength to the breakout.

Essel Propack Limited was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

Leading software company Hexaware has acquired Mumbai-based digital consultancy company Mobiquity for consideration of approximately US$182 million.

Tata Communications International, a wholly-owned subsidiary of Tata Communications in Singapore, has divested its 26 per cent stake in STT Tai Seng.

Following stocks are close to their 52-weeks low as at 3:11 p.m. on June 14, 2019.

Leading biosimilars manufacturer Biocon Limited has received GMP compliance certificate from the European drug regulator for its Bengaluru facility located at Biocon Park.

The markets on June 14, 2019 opened gap down. BSE Sensex is trading at 39,597.70, down by 143.66 points and the Nifty is trading at 11,861.85, down by 52.20 points. 

Election results were out in May 2019 and NDA returned to power for the next 5 years. It would be interesting to know which stocks attracted fund manager during this highly charged market environment in May 2019. Let’s find out.