The markets on July 10, 2018 opened gap up. BSE Sensex is trading at 36,180.79, up by 246.07 points and the Nifty is trading at 10,927.80, up by 74.90 points.

Astral Poly Technik plans to acquire 51 per cent of the equity share capital of Rex Polyextrusion and amalgamate the company with itself.

Pharmaceutical company Lupin has said that they have received the final approval from the US Food and Drug Administration (USFDA) for Hydroxychloroquine Sulfate tablets indicated for the treatment of malaria.

This order is for the supply of 1,10,000 truck steel wheels in five months from its Chennai plant from next month onwards. The company expects to generate additional revenue of around US$5 million in five months on a repetitive basis.

CEAT informed that the new plant would manufacture radial tyres for truck, bus, car and also make tyres for 2-wheelers. The company had signed a pact with Tamil Nadu government last week to set up a tyre manufacturing company.

The company's board of directors have approved setting-up of a BOPET film line and resin plant in Thailand at a total cost of US$ 60 million (Rs. 410 crore).

Overall volumes in futures & options currently stand at 49.66 lakh contracts with a turnover of Rs. 4,56,283.66 crore.

Overall volumes in futures & options currently stand at 49.66 lakh contracts with a turnover of Rs. 4,56,283.66 crore.

On Tuesday, Nifty is likely to see itself on its advancing trajectory, but the bulls need to move past the zone of 10,865-10,870, which is the upper end of a triangle pattern, in order to reclaim May’s high of 10,929. Stocks in news: Va Tech Wabag, HCL Technologies, PPAP Automotive, Astral Poly Technik, SRF, Sadbhav Infrastructure, PNC Infratech, Gayatri Projects, GSFC and Lupin.

Indian stock markets are likely to make an optimistic start amid firm global cues. Nifty 50 index future on the Singapore stock exchange is currently trading with gains of 27 points at 10,897. Traders will keep an eye on earnings of IT bellwether TCS and the leading private sector bank IndusInd Bank.