Reliance Infrastructure (Relinfra) announced the payment of all outstanding electricity duty and other taxes amounting to Rs. 2,640 crore payable to the Maharashtra government. Stock retreated in the second half of Monday’s session after rallying for 5 consecutive trading days and a half-day today, breaching previous day’s high.

Piramal Enterprises dropped more than 3 per cent after Citi maintained a Neutral stance on the stock. The recent correction coupled with rising volumes and 14-period RSI negative crossover in the overbought zone could be a pullback or a profit booking at peak levels.

Following stocks are close to their 52-week low as at 12.34 p.m. on September 03, 2018.

The markets on September 03, 2018 opened gap up. BSE Sensex is trading at 38,725.52, up by 80.45 points and the Nifty is trading at 11,704.90, up by 24.40 points.

Balkrishna Industries Limited key player in the off-highway tyre segment is looking for additional capex of around Rs. 1,700 crore over a period of 30 months.

The construction arm of Larsen & Toubro has won orders worth Rs. 2,654 crore across two of its business segments from Maharashtra State Road Development Corporation Limited (MSRDC).

Ramky Infrastructure plans to sell 100 per cent stake in NAM Expressway Limited. The company has signed a share purchase agreement with Cube Highways Private Limited, Singapore for the deal.

Wipro Limited has won a deal involving 10-year engagement to provide a comprehensive suite of solutions and services to US-based company Alight Solutions LLC. Alight is a leader in technology-enabled health, wealth, HR and finance solutions.

The company's wholly-owned subsidiary has entered a pact to invest US$ 18.6 million for 46 per cent stake in General Graphene Corporation.

Overall volumes in futures & options currently stand at 57.71 lakh contracts with a turnover of Rs. 5,55,158.27 crore.