Indian stock markets are likely to open with a big gap on the downside following sell-off seen in the US markets overnight and pessimism across the Asian markets. The SGX Nifty is trading lower by 2.53 per cent at 10,221 level, indicating a dreadful start to the day.

The stocks most likely to witness significant movement on the bourses on October 11 are Bharat Dynamics, HEG Ltd., Garden Reach Shipbuilders and Engineers Ltd., Merck and Indiabulls Ventures.

The company's consolidated revenue for the quarter came in at Rs. 1,975.86 crore as against Rs. 1,582.05 crore in the corresponding quarter last year, registering 24.9 per cent yoy increase.

The sugar industry in India clearly recognizes the potential for business opportunities abroad. This is apparent because of the Indian sugar mills’ decision to export raw sugar for the first time in three years.

The stock market debut of the state-run shipbuilders was tepid. Garden Reach Shipbuilders & Engineers Limited listed at Rs. 104, down 11.86 per cent from the issue price of Rs. 118 per share on BSE exchange on Wednesday.

Kritika Wires Limited, a Kolkata-based company, got listed on Emerging platform of National Stock Exchange at a premium of 6.5 per cent. 

Shares of Lupin were slightly up after the company launched generic clobetasol propionate ointment in the US.

SEBI may review the risk management guidelines for mutual funds. This is with respect to see how the fund houses approach towards risk mitigation, specifically in the case of debt mutual funds. Read on more to find out why SEBI is looking to review these guidelines.

The BSE Sensex was up 376.33 points at 12:21 am on Wednesday. HDFC Bank, HDFC, Larsen & Toubro and ICICI Bank were seen contributing to over 50 per cent of the Sensex gains. HDFC Bank was up Rs. 26.45 per share, while HDFC, Larsen & Toubro and ICICI Bank were up Rs. 29.85 per share, Rs. 36.60 per share and Rs. 6.90 per share, respectively. 

Following stocks are close to their 52-week low as at 12.24 p.m. on October 10, 2018.